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Oregon DOR Permanently Adopts COVID-19 Tax Relief

Dated July 16, 2021

Citations: REV 10-2021; 150-305-0071; 150-305-0070

SUMMARY BY TAX ANALYSTS

The Oregon Department of Revenue has permanently adopted a temporary rule that waives interest imposed on 2019 income and excise tax delinquencies for qualifying business owners and corporate taxpayers affected by COVID-19.

PERMANENT ADMINISTRATIVE ORDER

FILING CAPTION: To provide interest waiver relief to COVID-affected business taxpayers for tax year 2019.

EFFECTIVE DATE: 07/13/2021

AGENCY APPROVED DATE: 07/02/2021

CONTACT:

Katie Thiel
955 Center Street NE
Salem, OR 97301
503-949-9285
RulesCoordinator.dor@oregon.gov

Filed By:

Katie Thiel
Rules Coordinator

ADOPT: 150-305-0071

NOTICE FILED DATE: 05/13/2021

RULE SUMMARY: Permanently adopt 150-305-0070 to provide interest waiver relief to business income taxpayers who owe tax year 2019 income tax because of financial hardship related to the COVID-19 pandemic emergency.

CHANGES TO RULE:

150-305-0071

Interest Waivers Due to COVID-19 Pandemic Emergency

(1) The department will waive statutory interest imposed under ORS 305.220 or 305.222 on income/excise tax deficiencies or delinquencies of certain businesses for tax year 2019 if all of the following criteria are met:

(a) The taxpayer has unpaid individual income or corporate income/excise tax for tax year 2019 that remains unpaid beyond the due date of the tax year 2019 tax return;

(b) The individual taxpayer's business or the corporate taxpayer has gross receipts of less than $5 million for tax year 2019;

(c) The taxpayer has entered into a department-approved payment plan or the taxpayer pays the balance of the tax liability in full within six months of the date of assessment of the tax; and

(d) The taxpayer's ability to timely pay the tax has been affected by COVID-19 restrictions in place due to the pandemic emergency that, in the department's determination, constitute good and sufficient cause for the waiver of interest.

(2) The department will waive the interest for qualifying taxpayers at the time the tax year 2019 tax has been paid in full, either when the taxpayer makes payment in full or the taxpayer has successfully completed the department-approved payment plan, whichever is earlier.

Statutory/Other Authority: ORS 305.100, 305.145(3)

Statutes/Other Implemented: ORS 305.145

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