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OAR 150-305-0144

Interest Rate Formula Rule

Official textus-or/regssecure.sos.state.or.uslast amended
Summarize

# (1)

(1) Once a year the director will compare the Oregon interest rate used for deficiencies, delinquencies, and refunds with the interest rate charged by the Internal Revenue Service for deficiencies and delinquencies to which one percent has been added. If the Oregon rate is one percent or more different from the modified federal rate, the director will revise the Oregon rate to the federal rate plus one percent. The comparison will be conducted in July and will use the rates charged by the Internal Revenue Service for the 3rd calendar quarter.

# (2)

(2) Interest rates established under section (1) will be effective for interest periods beginning on or after January 1, 2004 and for interest periods beginning on or after January 1 of each year thereafter.

Amendment history

Renumbered from 150-305.220(3), REV 47-2016, f. 8-13-16, cert. ef. 9-1-16

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In this chapter (40 sections)
  1. 150-305-0030 · Declaratory Rulings
  2. 150-305-0050 · Release of Tax Lien and Clouds on Title
  3. 150-305-0052 · Release of Lien
  4. 150-305-0060 · How to Appeal When the Department Denies a Request for…
  5. 150-305-0062 · Discretionary Penalty Waivers for Information Returns
  6. 150-305-0064 · Accrual of Interest After Waiver
  7. 150-305-0066 · Discretionary Waiver of Interest
  8. 150-305-0068 · Discretionary Penalty Waivers
  9. 150-305-0071 · Interest Waivers Due to COVID-19 Pandemic Emergency
  10. 150-305-0080 · Closing Agreements
  11. 150-305-0085 · Financial Institution Data Match
  12. 150-305-0090 · Settlement Offer
  13. 150-305-0092 · Suspended Collection Status
  14. 150-305-0094 · Cancellation of Liabilities Discharged in Bankruptcy
  15. 150-305-0100 · Subpoena Issued by the Department
  16. 150-305-0110 · Disclosure of Confidential Information Provided to the…
  17. 150-305-0120 · Implied Consent
  18. 150-305-0130 · When Deduction for Amounts Paid as Wages or Remuneration…
  19. 150-305-0140 · Interest on Deficiencies and Delinquencies
  20. 150-305-0142 · Interest on Refunds
  21. 150-305-0144 · Interest Rate Formula Rule
  22. 150-305-0150 · Defines Order for Purposes of Interest Rate Increase
  23. 150-305-0152 · Interest Rate Increase — Jurisdictional Only Appeals
  24. 150-305-0160 · Penalty for Dishonored Checks
  25. 150-305-0170 · Representation of Taxpayers before the Department of…
  26. 150-305-0180 · Designation of Oregon Tax Matters Partner
  27. 150-305-0182 · Binding Actions of the Tax Matters Partner
  28. 150-305-0190 · Compromise of a Disputed Liability
  29. 150-305-0192 · Appeals of Interest Charged on the Underpayment of…
  30. 150-305-0193 · Satisfying liens or warrants
  31. 150-305-0194 · “Deficiency” Defined
  32. 150-305-0196 · Notices of Deficiency and Assessment Mailed When…
  33. 150-305-0198 · Reopening an Audit
  34. 150-305-0200 · Adjustments Included in Deficiency Notice When Federal…
  35. 150-305-0202 · Language Used to Request a Conference or File Written…
  36. 150-305-0204 · Conferences: Purpose and Procedure
  37. 150-305-0206 · Written Objections: Procedures
  38. 150-305-0208 · Assessing Tax on Failure to File
  39. 150-305-0210 · Last Known Address
  40. 150-305-0212 · Interest on Deficiency
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