100 Percent Penalty for Failure to File Marijuana Tax Returns

# (1)

(1) The Department of Revenue may impose the 100 percent penalty under ORS 305.992 if:

(a) The taxpayer was required to file Oregon marijuana tax returns in at least one quarter during each tax year of three or more consecutive years; and

(b) All Oregon marijuana tax returns due during the three-year period are not filed by the due date (including extensions) of the return required for the fourth quarter of the third consecutive year. Assessments under ORS 305.265(10) are not returns for the purpose of the penalty under ORS 305.992.

# (2)

(2) The filing due dates of Oregon marijuana tax returns are established under ORS 475C.682.