Form 65 - Oregon Partnership Return Of Income/schedule Ap Apportionment Of Income For Partnerships - 2003 Page 3
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1
2
3SCHEDULE AP — APPORTIONMENT OF INCOME FOR PARTNERSHIPS
Describe the nature and location(s) of your Oregon business activities
SCHEDULE AP-1 — APPORTIONMENT FORMULA
(Do not enter an amount of less than zero)
1. Property Factor—Value of real and tangible
personal property used in the business
(A)
(B)
(C)
(owned, at average value; rented, at capitalized value):
Total Within
Total Within and
Percent Within Oregon
(A ÷ B) × 100
Oregon
Without Oregon
a. Owned property (at original cost; see instructions)
Inventories ..............................................................
Buildings and other depreciable assets ..................
Land ........................................................................
Other assets (describe) _____________________
(
)
(
)
Minus: Construction in progress .............................
Total of section a ....................................................
b. Rented property
...
(capitalize at 8 times the rental paid)
•
•
%
c. Total owned and rented property ............................
(not less than zero)
2. Payroll Factor—Wages, salaries, commissions,
and other compensation to employees:
a. Compensation of employees ..................................
b. Guaranteed payments (see instructions) ...............
•
•
%
c. Total wages, salaries, guaranteed payments .........
(not less than zero)
3. Sales Factor
a. Sales delivered or shipped to Oregon purchasers:
(1) Shipped from outside Oregon ..........................
(2) Shipped from inside Oregon .............................
b. Sales shipped from Oregon to:
•
(1) The United States government .........................
(2) Purchasers in a state or country where the
corporation is not taxable (e.g., under
•
Public Law 86-272) ...........................................
c. Other business receipts ..........................................
•
•
%
d. Total sales and other business receipts .................
%
4. Sales factor (same as line 3d) ...................................
%
5. Total percent (add items 1c, 2c, 3d, and 4, within column C) ......................................................................
6. Oregon apportionment percent. See instructions on page 1 to determine the Oregon
•
_ _ _ . _ _ _ _
%
apportionment percent .................................................................................................................................
SCHEDULE AP-2 — COMPUTATION OF TAXABLE INCOME (see instructions)
1. Net income from business both in Oregon and other states ...................................................................... 1
•
2. Subtract: Net nonbusiness income included in line 1. Attach schedule ................................................... 2
•
3. Subtract: Gains from prior year installment sales included in line 1. Attach schedule ............................. 3
4. Total net income subject to apportionment (line 1 minus line 2 and line 3) ................................................ 4
×
%
5. Oregon apportionment percentage (from Schedule AP-1, line 6) .............................................................. 5
6. Income apportioned to Oregon (line 5 times line 4) ................................................................................... 6
•
7. Add: Net nonbusiness income allocated entirely to Oregon. Attach schedule ......................................... 7
•
8. Add: Gain from prior year installment sales apportioned to Oregon. Attach schedule ............................ 8
9. Partnership income subject to Oregon tax. Total of lines 6, 7, and 8 ......................................................... 9
150-101-171 (Rev. 12-03) Web
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