Fillable Printable Form Or-Drd, Oregon Dividends-Received Deduction
Fillable Printable Form Or-Drd, Oregon Dividends-Received Deduction
Form Or-Drd, Oregon Dividends-Received Deduction
Oregon Department of Revenue
18421601010000
2016 Form OR-DRD
Oregon Dividends-Received Deduction
Submit original form—do not submit photocopy.
Office use only
Page 1 of 1, 150-102-038 (Rev. 10-16)
A. Dividends received
B. Percent
C. Oregon deduction
(A x B = C)
1. Dividends from less-than-20%-owned domestic
corporations ............................................................................
2. Dividends from 20%-or-more-owned domestic
corporations ............................................................................
3. Dividends on debt-nanced stock of domestic and foreign
corporations (same as federal deduction) .............................................................................................................
4. Dividends on certain preferred stock of
less-than-20%-owned public utilities .....................................
5. Dividends on certain preferred stock of
20%-or-more-owned public utilities .......................................
6. Dividends from less-than-20%-owned foreign
corporations and certain FSCs ...............................................
7. Dividends from 20%-or-more-owned foreign
corporations and certain FSCs ...............................................
8. Dividends from wholly owned foreign subsidiaries
(if part of the Oregon consolidated group) .............................
9. Dividends from domestic corporations received by a small
business investment company operating under the Small
Business Investment Act of 1958 ...........................................
10. Dividends from afliated group members ...............................
11. Dividends from certain FSCs ...................................................
12. Dividends from less-than-20%-owned foreign
corporations (other than debt-nanced stock) ........................
13. Dividends from 20%-or-more-owned foreign
corporations (other than debt-nanced stock) ........................
14. Income from controlled foreign corps under Subpart F
[include Form(s) 5471] .............................................................
15. Gross-up (Section 78) dividend deduction ..............................
16. IC-DISC and former DISC dividends not included on
lines 1, 2, or 3 [Sec. 246(d)] ....................................................
17. Dividends paid between foreign corporations both in any
listed foreign jurisdictions (100%) .......................................
18. Adjustment to dividends received by US corporation from
a corporation in a listed foreign jurisdiction (20%) ..............
19. Total dividends-received deduction. Add lines 1 through 18 ..........................................................................
•
•
•
•
•
70%
80%
70%
80%
70%
80%
100%
100%
100%
100%
70%
80%
80%
100%
100%
100%
20%
Note: Deductions are allowed only for dividends included in federal taxable income (ORS 317.267).
Legal name of entity as shown on your Oregon returnFEIN
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Clear Form
Schedule OR-DRD
Oregon Dividends-Received Deduction Instructions
This schedule is similar to federal form 1120, Schedule
C. It is not identical. Refer to the instructions for federal
form 1120, Schedule C, for more information on classifi-
cation or definitions of dividends.
Important: Deductions are allowed only for dividends
included in federal taxable income (ORS 317.267).
Column A: Enter only amounts that are included in fed-
eral and Oregon income.
Column B: This is the allowable Oregon percentage for
the specific dividend.
Column C: Multiply column A and B (A x B = C) to deter-
mine the Oregon dividend received deduction.
Line 17. Dividends paid between foreign corporations
in listed foreign jurisdictions are allowed a 100 percent
dividend received deduction if the payor and payee of
the dividend are unitary with the taxpayer [with one
another] and the income of both entities is reported as an
Oregon addition.
Line 18. Dividends received by a US corporation from
a foreign corporation are 80 percent deductible. Divi-
dends received by a US corporation from a foreign cor-
poration that’s incorporated in a listed jurisdiction are
fully deductible if otherwise included in Oregon tax-
able income for the current or previous tax years. If you
deducted 80 percent on lines above, enter the remaining
20 percent on Line 18. Don’t enter dividends that have
already been deducted or subtracted through intercom-
pany eliminations.
Total. Total lines 1 through 18 and enter it on Schedule
OR-ASC-CORP.
150-102-038 (Rev. 10-16)
