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5                                                                                                                                  Oregon Department of Revenue           5
                   2023 Form OR-DRD
6                  Oregon Dividends-Received Deduction                                                                                                                    6
7                                                                                                                                                                         7
8                  Page 1 of 3      • Use UPPERCASE letters.  • Use blue or black ink.  • Print actual size (100%).  • Don’t submit photocopies or use staples.           8
9           Corporation legal name (as shown on your Oregon return)                                                                                                       9
10                                                                                                                                                                        10
11                                                                                                                                                                        11
            XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
12          Federal employer identification number (FEIN)                                                                                                                 12
13                                                                                                                                                                        13
14                                                                                                                                                                        14
            99-9999999
15                                                                                                                                                                        15
16          Note: Deductions are allowed only for dividends included in federal taxable income (ORS 317.267).                                                             16
17                                                                                                                                                                        17
18          (Dividends received) x (Oregon deduction percentage) = Oregon deduction                                                                                       18
19                                                                                                                                                                        19
20                                                                                                                                                                        20
21            1a.  Dividends from less-than-20%-owned domestic corporations .............1a.                                     , , 99,999,999,999.00,         0 0       21
22                                                                                                                                                                        22
23                                                                                                                                                                        23
24            1b.  Oregon deduction (line 1a X 70%) .........................................................1b.                 , , 99,999,999,999.00,         0 0       24
25                                                                                                                                                                        25
26                                                                                                                                                                        26
27                                                                                                                                                                        27
28            2a.  Dividends from 20%-or-more-owned domestic corporations ...............2a.                                     , , 99,999,999,999.00,         0 0       28
29                                                                                                                                                                        29
30                                                                                                                                                                        30
31            2b.  Oregon deduction (line 2a X 80%) .........................................................2b.                 , , 99,999,999,999.00,         0 0       31
32                                                                                                                                                                        32
33                                                                                                                                                                        33
34            3a.  Dividends on debt-financed stock of domestic and                                                                                                       34
35                 foreign corporations  ..............................................................................3a.       , , 99,999,999,999.00,         0 0       35
36                                                                                                                                                                        36
37                                                                                                                                                                        37
38            3b.  Oregon deduction (same as federal deduction) .....................................3b.                         , , 99,999,999,999.00,         0 0       38
39                                                                                                                                                                        39
40                                                                                                                                                                        40
41            4a.  Dividends on certain preferred stock of less-than-20%-owned                                                                                            41
42                 public utilities .........................................................................................4a. , , 99,999,999,999.00,         0 0       42
43                                                                                                                                                                        43
44                                                                                                                                                                        44
45            4b.  Oregon deduction (line 4a X 70%) .........................................................4b.                 , , 99,999,999,999.00,         0 0       45
46                                                                                                                                                                        46
47                                                                                                                                                                        47
48            5a.  Dividends on certain preferred stock of 20%-or-more-owned                                                                                              48
49                 public utilities .........................................................................................5a. , , 99,999,999,999.00,         0 0       49
50                                                                                                                                                                        50
51                                                                                                                                                                        51
52            5b.  Oregon deduction (line 5a X 80%) .........................................................5b.                                                0 0       52
                                                                                                                                 , ,     ,
53                                                                                                                                   99,999,999,999.00                    53
54                                                                                                                                                                        54
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56                                                                                                                                                                        56
57                                                                                                                                        Continued on next page          57
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62                                                                                                                                                                        62
                   150-102-038
63                 (Rev. 07-18-23, ver. 01)                                                                                        18422301010000                         63
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70                                                                                                                                                                     70
                                                                                                                                   Oregon Department of Revenue
71                         2023 Form OR-DRD                                                                                                                            71
72                                                                                                                                                                     72
73                                                                                                                                                                     73
74                         Page 2 of 3 • Use UPPERCASE letters.  • Use blue or black ink.  • Print actual size (100%).  • Don’t submit photocopies or use staples.     74
75                                                                                                                                                                     75
76             6a.  A–Dividends from less-than-20%-owned foreign corporations                                                                                          76
77                  and certain FSCs ...................................................................................6a.      , , 99,999,999,999.00,            0 0 77
78                                                                                                                                                                     78
79                                                                                                                                                                     79
80             6b.  Oregon deduction (line 6a X 70%) .........................................................6b.                , , 99,999,999,999.00,            0 0 80
81                                                                                                                                                                     81
82                                                                                                                                                                     82
83             7a.  A–Dividends from 20%-or-more-owned foreign corporations                                                                                            83
84                  and certain FSCs ...................................................................................7a.      , , 99,999,999,999.00,            0 0 84
85                                                                                                                                                                     85
86                                                                                                                                                                     86
87             7b.  Oregon deduction (line 7a X 80%) .........................................................7b.                , , 99,999,999,999.00,            0 0 87
88                                                                                                                                                                     88
89                                                                                                                                                                     89
90             8a.  Dividends from domestic corporations received by a small business                                                                                  90
91                  investment company operating under the Small Business Investment                                                                                   91
92                  Act of 1958 .............................................................................................8a. , , 99,999,999,999.00,            0 0 92
93                                                                                                                                                                     93
94                                                                                                                                                                     94
95             8b.  Oregon deduction (line 8a X 100%) .......................................................8b.                 , , 99,999,999,999.00,            0 0 95
96                                                                                                                                                                     96
97                                                                                                                                                                     97
98                                                                                                                                                                     98
99             9a.  Dividends from Oregon consolidated group members ..........................9a.                               , , 99,999,999,999.00,            0 0 99
100                                                                                                                                                                    100
101                                                                                                                                                                    101
102            9b.  Oregon deduction (line 9a X 100%) .......................................................9b.                 , , 99,999,999,999.00,            0 0 102
103                                                                                                                                                                    103
104                                                                                                                                                                    104
105            10a.  Dividends from insurance affiliates with a separate Oregon return                                                                                 105
106                 filing requirement .................................................................................10a.     , , 99,999,999,999.00,            0 0 106
107                                                                                                                                                                    107
108                                                                                                                                                                    108
109            10b.  Oregon deduction (line 10a X 100%) ...................................................10b.                  , , 99,999,999,999.00,            0 0 109
110                                                                                                                                                                    110
111                                                                                                                                                                    111
112                                                                                                                                                                    112
113            11a.  Dividends from certain FSCs ...............................................................11a.             , , 99,999,999,999.00,            0 0 113
114                                                                                                                                                                    114
115                                                                                                                                                                    115
116            11b.  Oregon deduction (line 11a X 100%) ...................................................11b.                  , , 99,999,999,999.00,            0 0 116
117                                                                                                                                                                    117
118                                                                                                                                                                    118
119            12a.  Dividends from less-than-20%-owned foreign corporations                                                                                           119
120                 (other than debt-financed stock)..........................................................12a.               , , 99,999,999,999.00,            0 0 120
121                                                                                                                                                                    121
122                                                                                                                                                                    122
123            12b.  Oregon deduction (line 12a X 70%) .....................................................12b.                 , , 99,999,999,999.00,            0 0 123
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125                                                                                                                                  Continued on next page            125
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                           150-102-038
129                        (Rev. 07-18-23, ver. 01)                                                                                18422301020000                      129
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136                                                                                                                                                                    136
                                                                                                                       Oregon Department of Revenue
137                  2023 Form OR-DRD                                                                                                                                  137
138                                                                                                                                                                    138
139                                                                                                                                                                    139
140                  Page 3 of 3       • Use UPPERCASE letters.  • Use blue or black ink.  • Print actual size (100%).  • Don’t submit photocopies or use staples.     140
141                                                                                                                                                                    141
142            13a.  Dividends from 20%-or-more-owned foreign corporations (other than                                                                                 142
143            debt-financed stock) ............................................................................13a. , , 99,999,999,999.00,                        0 0 143
144                                                                                                                                                                    144
145                                                                                                                                                                    145
146            13b.  Oregon deduction (line 13a X 80%) .....................................................13b.     , , 99,999,999,999.00,                        0 0 146
147                                                                                                                                                                    147
148                                                                                                                                                                    148
149            14a.  Income from less-than-20%-owned controlled foreign corporation                                                                                    149
150            under Subpart F [include Form(s) 5471*] .............................................14a.             , , 99,999,999,999.00,                        0 0 150
151                                                                                                                                                                    151
152                                                                                                                                                                    152
153            14b.  Oregon deduction (line 14a X 70%) .....................................................14b.     , , 99,999,999,999.00,                        0 0 153
154                                                                                                                                                                    154
155                                                                                                                                                                    155
156            15a.  Income from 20%-or-more-owned controlled foreign corporation                                                                                      156
157            under Subpart F [include Form(s) 5471*] .............................................15a.             , , 99,999,999,999.00,                        0 0 157
158                                                                                                                                                                    158
159                                                                                                                                                                    159
160            15b.  Oregon deduction (line 15a X 80%) .....................................................15b.     , , 99,999,999,999.00,                        0 0 160
161                                                                                                                                                                    161
162                                                                                                                                                                    162
163                                                                                                                                                                    163
164            16a.  Gross-up (Section 78) dividend deduction ..........................................16a.         , , 99,999,999,999.00,                        0 0 164
165                                                                                                                                                                    165
166                                                                                                                                                                    166
167            16b.  Oregon deduction (line 16a X 100%) ...................................................16b.      , , 99,999,999,999.00,                        0 0 167
168                                                                                                                                                                    168
169                                                                                                                                                                    169
170            17a.  IC-DISC and former DISC dividends not included on                                                                                                 170
171            lines 1, 2, or 3 [Sec. 246(d)] .................................................................17a.  , , 99,999,999,999.00,                        0 0 171
172                                                                                                                                                                    172
173                                                                                                                                                                    173
174            17b.  Oregon deduction (line 17a X 100%) ...................................................17b.      , , 99,999,999,999.00,                        0 0 174
175                                                                                                                                                                    175
176                                                                                                                                                                    176
177          18.    Total dividends-received deduction (add all “b” line numbers,                                                                                      177
178            1b  through 17b). Enter the total from line 18 on Schedule                                                                                              178
179            OR-ASC-CORP using subtraction code #370 ...................................18.                        , , 99,999,999,999.00,                        0 0 179
180                                                                                                                                                                    180
181              *if applicable                                                                                                                                        181
182                                                                                                                                                                    182
183          You must include this form with your Oregon corporation tax return.                                                                                       183
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                     150-102-038
195                  (Rev. 07-18-23, ver. 01)                                                                          18422301030000                                  195
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