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OAR 150-314-0310

Requirement to Use Electronic Funds Transfer

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

# (1)

(1) For tax years beginning on or after January 1, 2002, corporations are required to make estimated Oregon Corporation Excise or Income Tax payments by electronic funds transfer (EFT) if required to pay federal corporation estimated taxes by EFT.

# (2)

(2) A taxpayer disadvantaged by the requirement to pay by EFT may request an exemption. The request must be in writing and sent to the address for EFT registration. The request must explain why the requirement to pay by EFT is a disadvantage to the taxpayer. An example of a disadvantage to the taxpayer is when the taxpayer's bank or the bank of the taxpayer's payroll service is unable to provide the service. Requests for an exemption will be evaluated on a case by case basis. If granted, the exemption will be for a period of 12 months, during which the taxpayer is expected to make arrangements to comply with the requirement to use EFT. The department will grant only one exemption period to a taxpayer.

# (3)

(3) Corporations not meeting the requirement to pay by EFT may do so voluntarily by completing and submitting to the department an application for either ACH Debit or ACH Credit EFT. Applications can be requested from the department.

# (4)

(4) After beginning to make payments electronically, a volunteer may discontinue electronic payments by sending a written request to stop paying to EFT. The request must be sent at least 30 days prior to the date the volunteer wishes to stop paying by EFT. If the volunteer has not reached the then current mandate threshold, the department shall allow the employer to discontinue electronic payments. The volunteer shall continue to make payments by EFT until 30 days after sending the request to the department or the volunteer receives notice from the department agreeing to the discontinuance, whichever occurs earlier.

Amendment history

Renumbered from 150-314.518, REV 30-2016, f. 8-12-16, cert. ef. 9-1-16

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In this chapter (40 sections)
  1. 150-314-0240 · Refunds Generally
  2. 150-314-0242 · Refunds
  3. 150-314-0244 · Minimum Offset Amount
  4. 150-314-0246 · Interest Computation — Offset
  5. 150-314-0248 · Refund Offset Priority
  6. 150-314-0250 · Refunds; Net Operating Loss and Net Capital Loss…
  7. 150-314-0252 · Effect of Federal Extension of Period for Assessment
  8. 150-314-0254 · Separate Refunds When a Joint Return Has Been Filed
  9. 150-314-0256 · Refunds of Tax Overpayments to Spouse or Heirs
  10. 150-314-0265 · Model Recordkeeping and Retention
  11. 150-314-0267 · Requirement to Provide Copies of Documents
  12. 150-314-0275 · Definition: Collection Charge
  13. 150-314-0277 · Payment Secured by Bond, Deposit or Otherwise
  14. 150-314-0279 · Statute of Limitation on Tax Collection
  15. 150-314-0285 · Assessment of Withholding Tax Against Liable Officers
  16. 150-314-0290 · Estimated Tax: When Estimates Are Required; Refunds…
  17. 150-314-0292 · Estimated Tax: When Estimates Are Required For Tax…
  18. 150-314-0294 · Estimated Tax: Affiliated Corporations
  19. 150-314-0300 · Estimated Tax: Due Dates of Payments for Short-Period…
  20. 150-314-0302 · Estimated Tax: Application of Payments
  21. 150-314-0310 · Requirement to Use Electronic Funds Transfer
  22. 150-314-0315 · Corporation Estimated Tax: Delinquent or Underestimated…
  23. 150-314-0317 · Estimated Tax: Consolidated Return Underpayments
  24. 150-314-0319 · Estimated Tax: Apportioned Returns
  25. 150-314-0321 · Estimated Tax: Application of Net Loss, Annualized…
  26. 150-314-0323 · Estimated Tax: Interest on Underpayment
  27. 150-314-0325 · Estimated Tax: Computation of Underpayment
  28. 150-314-0327 · Underpayment of Estimated Tax; First and Second…
  29. 150-314-0335 · Apportionable and Nonapportionable Income Defined
  30. 150-314-0337 · Apportionable and Nonapportionable Income; Application…
  31. 150-314-0339 · Proration of Deductions
  32. 150-314-0345 · Apportionment and Allocation of Income Generally
  33. 150-314-0347 · Application of ORS 314.610 to 314.667: Allocation
  34. 150-314-0349 · Apportionment and Allocation for a Taxpayer Carrying on…
  35. 150-314-0351 · Two or More Businesses of a Single Taxpayer
  36. 150-314-0353 · Apportionment for Long-Term Construction Contracts
  37. 150-314-0355 · Special Rules: Installment Sales
  38. 150-314-0357 · Modified Factors for Motion Picture and Television Film…
  39. 150-314-0365 · Taxable in Another State; In General
  40. 150-314-0367 · Taxable in Another State; When a Taxpayer is “Subject…
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