Collection of Property Taxes

ORS 311.775
Notice of deferral to assessor by department

  • rate of interest on deferred taxes

(1)

If eligibility for deferral of taxes is established as provided in ORS 311.740 (Definitions for ORS 311) to 311.780 (Payment of tax deferred amounts to county by state), the Department of Revenue shall notify the county assessor and the county assessor shall show on the current ad valorem assessment and tax roll which property is tax deferred property by an entry clearly designating such property as tax deferred property.

(2)

When requested by the department, the tax collector shall send to the department as soon as the taxes are extended on the roll the tax statement for each tax deferred property.

(3)

Interest shall accrue on the deferred taxes at the rate of nine percent per annum. [1977 c.695 §8]
Source

Last accessed
Mar. 11, 2023

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