(a) The amount of cost inputs; or
(b) The taxpayer’s labor costs.
(2) The amounts in subsection (1)(a) or (b) of this section shall be apportioned to this state in the manner required for apportionment of income under ORS 314.605 to 314.675.
(3) A subtraction under this section is not allowed for any amount of:
(a) Expenses from transactions among members of a group, as excluded under ORS 317A.106; or
(b) Cost inputs or labor costs that are attributable to a person’s receipts from an item that is not commercial activity.
(4) Notwithstanding subsection (1) of this section, the subtraction under this section may not exceed 95 percent of the taxpayer’s commercial activity in this state. [2019 c.122 §64; 2019 c.579 §53]
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