OAR 150-285-3410
Assessor’s Action When A Long-Term Nonurban Oregon Enterprise Zone Facility is Disqualified

(1)

Upon discovering that a certified business no longer qualifies for the property exemption under ORS 285C.409 (Property tax exemption), the assessor must give written notice of exemption disqualification.

(2)

The notice must include:

(a)

A statement that the property is disqualified from the exemption for the following tax year,

(b)

A statement explaining the reason for the disqualification,

(c)

A calculation of the additional tax liability, and

(d)

A statement that the additional tax liability will be added to the next general property tax roll.

(3)

The additional tax liability must equal the taxes that would otherwise have been assessed against the disqualified property for each of the tax years the property was exempt under ORS 285C.409 (Property tax exemption).

Source: Rule 150-285-3410 — Assessor’s Action When A Long-Term Nonurban Oregon Enterprise Zone Facility is Disqualified, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=150-285-3410.

Last Updated

Jun. 8, 2021

Rule 150-285-3410’s source at or​.us