PORTLAND GENERAL ELEC. v. DEPT. OF REV., 11 OTR 78 (1988)

PORTLAND GENERAL ELECTRIC COMPANY v. DEPARTMENT OF REVENUE TC 2542In the Oregon Tax Court. September 8, 1988. Taxation — Income tax — Gains and profits from sales orexchanges 1. IRC § 168(f)(8)(1981) provided for “Safe Harbor Leasing,” allowing one company to use a lease in form only to transfer its tax benefits to another taxpayer. […]

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