§ 314.761

For purposes of this chapter and ORS chapters 316, 317 and 318:\n(1) 'C corporation' means, with respect to any taxable year, a corporation which is not an S corporation for such year.\n(2) 'S corporation' means, with respect to any taxable year, a corporation for which an election under section 1362(a) of the Internal Revenue Code is in effect for such year. [Formerly 314.730]