Eligible Pharmacy Exclusion

# (1)

(1) Definitions. For purposes of excluding receipts from the sales of prescription drugs from commercial activity, as provided under

ORS 317A.123

, the following definitions apply:

(a)"Common ownership"has the meaning given that term in Oregon Administrative Rule 150-317-1020 (10).

(b) "Caters primarily to veterinary customers" means that a person, or group of persons in the case of a unitary group, receives more than 50 percent of their total gross receipts attributable to prescription drug sales from prescription drug sales to veterinary customers for the taxable year.

(c) "Prescription drug" has the meaning given that term in ORS 689.005.

# (2)

(2) This rule is applicable to tax years beginning on or after January 1, 2022 and ending before January 1, 2026.