OAR 150-305-0194
“Deficiency” Defined
A deficiency is the amount by which the tax as correctly computed exceeds the tax, if any, reported by the taxpayer. If, after the original deficiency has been assessed, subsequent information shows the correct amount of tax to be greater than previously determined, an additional deficiency arises.
Amendment history
Renumbered from 150-305.265(2)-(A), REV 47-2016, f. 8-13-16, cert. ef. 9-1-16
Source: view the official text
Cited by 1
In this chapter (40 sections)
- 150-305-0085 · Financial Institution Data Match
- 150-305-0090 · Settlement Offer
- 150-305-0092 · Suspended Collection Status
- 150-305-0094 · Cancellation of Liabilities Discharged in Bankruptcy
- 150-305-0100 · Subpoena Issued by the Department
- 150-305-0110 · Disclosure of Confidential Information Provided to the…
- 150-305-0120 · Implied Consent
- 150-305-0130 · When Deduction for Amounts Paid as Wages or Remuneration…
- 150-305-0140 · Interest on Deficiencies and Delinquencies
- 150-305-0142 · Interest on Refunds
- 150-305-0144 · Interest Rate Formula Rule
- 150-305-0150 · Defines Order for Purposes of Interest Rate Increase
- 150-305-0152 · Interest Rate Increase — Jurisdictional Only Appeals
- 150-305-0160 · Penalty for Dishonored Checks
- 150-305-0170 · Representation of Taxpayers before the Department of…
- 150-305-0180 · Designation of Oregon Tax Matters Partner
- 150-305-0182 · Binding Actions of the Tax Matters Partner
- 150-305-0190 · Compromise of a Disputed Liability
- 150-305-0192 · Appeals of Interest Charged on the Underpayment of…
- 150-305-0193 · Satisfying liens or warrants
- 150-305-0194 · “Deficiency” Defined
- 150-305-0196 · Notices of Deficiency and Assessment Mailed When…
- 150-305-0198 · Reopening an Audit
- 150-305-0200 · Adjustments Included in Deficiency Notice When Federal…
- 150-305-0202 · Language Used to Request a Conference or File Written…
- 150-305-0204 · Conferences: Purpose and Procedure
- 150-305-0206 · Written Objections: Procedures
- 150-305-0208 · Assessing Tax on Failure to File
- 150-305-0210 · Last Known Address
- 150-305-0212 · Interest on Deficiency
- 150-305-0214 · Penalties
- 150-305-0216 · Appeal from a Notice of Deficiency: Periods of Limitation
- 150-305-0218 · Waiver of a Conference or Written Objection; Direct…
- 150-305-0230 · Claim for Refund
- 150-305-0232 · Notices of Proposed Refund Adjustment Mailed When…
- 150-305-0234 · Written Objections to a Proposed Refund Adjustment
- 150-305-0236 · Date of Notice
- 150-305-0238 · Audit Period for Refunds Issued without Examination
- 150-305-0240 · Proposed Refund Adjustment
- 150-305-0260 · Relief for Subsequent Tax Years