Keller v. Department of Revenue

In this appeal from a judgment of the Oregon Tax Court, taxpayers claim that they are entitled to a credit under ORS 316.082(1) for their payment of the Business and Occupation Tax (B & O tax) levied by the State of Washington. ORS 316.082(1) provides, in part:

“A resident individual shall be allowed a credit against the tax otherwise due under this chapter for the amount of any income tax imposed on the individual * * * for the taxable year by another state of the United States * * * on income derived from sources therein and that is also subject to tax under this chapter.” (Emphasis…