Or. Admin. Code § 150-305-0192

Current through Register Vol. 63, No. 12, December 1, 2024

Section 150-305-0192 - Appeals of Interest Charged on the Underpayment of Estimated Tax

(1) Appeals based on accuracy. Interest on underpayment of estimated tax imposed under the provisions of ORS 316.587 or 314.525 must be appealed as if it were a deficiency, as defined in OAR 305.265(2)-(A). A taxpayer who disagrees with either the correctness of the imposition or the calculation of interest may request a conference or file a written objection with the department. The conference request or written objection must be made in the manner prescribed under OAR 150-305.265(5). If the taxpayer does not agree with the result of the conference or the written objection, the taxpayer may appeal the decision to the Oregon Tax Court as provided by ORS 305.275.

(2) Discretionary waiver. A taxpayer who agrees that interest on underpayment of estimated tax was correctly imposed, but who believes there is good and sufficient cause for a waiver of all or part of the interest, may file a request for waiver of interest under OAR 150-305.145(3). A denial by the department of a discretionary waiver request under that provision is final and may not be appealed to the Oregon Tax Court.

(3) Effective date: The provisions of this rule apply to appeals of interest on underpayment of estimated tax filed with the department on or after January 1, 1998.

Or. Admin. Code § 150-305-0192

Rev 5-1998, f. 7-14-98, cert. ef. 7-15-98; REV 6-2007, f. 7-30-07, cert. ef. 7-31-07; Renumbered from 150-305.265(1)-(B), REV 47-2016, f. 8-13-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 305.265