Statutes, codes, and regulations
Oregon Revised Statutes
Title 29 - REVENUE AND TAXATIONChapter 323 - CIGARETTES AND TOBACCO PRODUCTS
TOBACCO PRODUCTS TAX
Section 323.607 - Time limit for issuing notice of deficiency for substantial reported understatement of gross purchases net of discounts

ORS § 323.607

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Current through 2024 Regular Session legislation effective June 6, 2024
Section 323.607 - Time limit for issuing notice of deficiency for substantial reported understatement of gross purchases net of discounts

If the Department of Revenue finds that an amount of gross purchases net of discounts equal to 25 percent or more of the gross purchases net of discounts as reported on the taxpayer's tobacco products tax return has been omitted from the return, the department may give notice of deficiency as prescribed in ORS 305.265 at any time within five years after the date the return was due or filed, whichever is later.

ORS 323.607

2001 c.76 §2