Oregon DOR Releases Instructions for Schedule OR-21-MD, Pass-Through Entity Elective Tax Member Directory

The Oregon Department of Revenue Sept. 13 released the instructions for schedule OR-21-MD, Oregon Pass-Through Entity Elective Tax Member Directory, for individual income tax purposes. The DOR provides that the election to be liable for and pay the pass-through entity (PTE) elective tax can be made only by entities whose members are: 1) individuals who are subject to Oregon’s personal income tax laws; or 2) entities that are PTE’s owned entirely by such individuals. The instructions include the purpose of schedule OR-21-MD and the information about the members that needs to be provided with the schedule. The instructions also provide ...