Source: https://www.oregonlaws.org/ors/2007/311.812
Timestamp: 2020-02-24 08:58:54
Document Index: 607907285

Matched Legal Cases: ['§2', '§4', '§3', '§89', '§22', '§61', '§151', '§13', '§298', '§5', '§4', '§2', '§1', '§3', '§2']

ORS 311.812 - No interest on refunds under ORS 311.806 - 2007 Oregon Revised Statutes
2007 ORS Vol. 8 Chapter 311 Section 311.812
2007 ORS 311.812¹
(1) Except as provided in subsection (2) of this section, interest may not be paid upon any tax refunds made under ORS 311.806 (Refund of taxes on real and personal property).
(a) A refund resulting from the correction under ORS 308.242 (Assessor's authority to change roll after September 25 limited) (2) or (3) or 311.205 (Correcting errors or omissions in rolls) of an error made by the assessor, Department of Revenue or tax collector.
(c) Any refund ordered by the Department of Revenue if no appeal is taken or can be taken from the department’s order.
(g) Refunds due to reductions in value made pursuant to ORS 309.115 (Effect of property value correction upon appeal).
(h) Refunds due to a claim for a war veteran’s exemption for a prior tax year that is filed pursuant to ORS 307.262 (Tax years for which exemption may be claimed upon receipt of federal certification of disability).
(b) As used in this subsection, "report" means a return, statement or any other information provided by a taxpayer in writing to the department or county assessor. [1971 c.737 §2; 1975 c.704 §4; 1977 c.606 §3; 1981 c.804 §89a; 1983 s.s. c.5 §22; 1993 c.270 §61; 1995 c.79 §151; 1995 c.226 §13; 1997 c.541 §298; 1999 c.862 §5; 2001 c.199 §4; 2005 c.394 §2; 2007 c.545 §1; 2007 c.590 §3]
Sec. 2. The amendments to ORS 311.812 (No interest on refunds under ORS 311.806) by section 1 of this 2007 Act apply to refunds for tax years beginning on or after July 1, 2007, and to refunds from appeals filed on or after July 1, 2007. [2007 c.545 §2]
This sec­tion, read in pari materia with ORS 311.505 (Due dates), provides that prop­erty tax overpay­ment is to be allocated propor­tionately to each quarterly install­ment, and interest on refund is computed from date of each install­ment overpay­ment. Portland Gen. Elect. Co. v. Dept. of Rev, 7 OTR 444 (1978)
Accrual of interest terminates on refund pay­ment date. Sharps v. Dept. of Revenue, 18 OTR 446 (2006)