ORS 314.063
Application of Federal Aviation Administration Air Transportation Modernization and Safety Improvement Act (P.L. 111-226), Patient Protection and Affordable Care Act (P.L. 111-148), Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010 (P.L. 111-192), Health Care and Education Reconciliation Act of 2010 (P.L. 111-152) and Homebuyer Assistance and Improvement Act of 2010 (P.L. 111-198)

(1)

Except as provided in subsections (2) and (3) of this section, the amendments to statutes by sections 1 to 19 and 21 to 27, chapter 7, Oregon Laws 2011, apply to transactions or activities occurring on or after January 1, 2011, in tax years beginning on or after January 1, 2011.

(2)

The effective and applicable dates, and the exceptions, special rules and coordination with the Internal Revenue Code, as amended, relative to those dates, contained in the Federal Aviation Administration Air Transportation Modernization and Safety Improvement Act (P.L. 111-226), the Patient Protection and Affordable Care Act (P.L. 111-148), the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010 (P.L. 111-192), the Health Care and Education Reconciliation Act of 2010 (P.L. 111-152), the Homebuyer Assistance and Improvement Act of 2010 (P.L. 111-198) and other federal law amending the Internal Revenue Code apply for Oregon personal income and corporate excise and income tax purposes, to the extent they can be made applicable, in the same manner as they are applied under the Internal Revenue Code and related federal law.

(3)

Intentionally left blank —Ed.

(a)

If a deficiency is assessed against any taxpayer for a tax year beginning before January 1, 2011, and the deficiency or any portion thereof is attributable to any retroactive treatment under the amendments to ORS 305.239 (Qualifications of persons representing taxpayer), 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 307.130 (Property of certain museums, volunteer fire departments and literary, benevolent, charitable and scientific institutions), 307.147 (Senior services centers), 308A.450 (Definitions for ORS 308A.450 to 308A.465), 310.140 (Legislative findings), 310.630, 310.800 (Property tax work-off programs), 314.011 (Definitions), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 11 to 19 and 21 to 25, chapter 7, Oregon Laws 2011, then any interest or penalty assessed under ORS chapter 305, 314, 315, 316, 317 or 318 with respect to the deficiency or portion thereof shall be canceled.

(b)

If a refund is due any taxpayer for a tax year beginning before January 1, 2011, and the refund or any portion thereof is due the taxpayer on account of any retroactive treatment under the amendments to ORS 305.239 (Qualifications of persons representing taxpayer), 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 307.130 (Property of certain museums, volunteer fire departments and literary, benevolent, charitable and scientific institutions), 307.147 (Senior services centers), 308A.450 (Definitions for ORS 308A.450 to 308A.465), 310.140 (Legislative findings), 310.630, 310.800 (Property tax work-off programs), 314.011 (Definitions), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 11 to 19 and 21 to 25, chapter 7, Oregon Laws 2011, then notwithstanding ORS 305.270 (Refund of excess tax paid) or 314.415 (Refunds) or other law, the refund or portion thereof shall be paid without interest.

(c)

Any changes required because of the amendments to ORS 305.239 (Qualifications of persons representing taxpayer), 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 307.130 (Property of certain museums, volunteer fire departments and literary, benevolent, charitable and scientific institutions), 307.147 (Senior services centers), 308A.450 (Definitions for ORS 308A.450 to 308A.465), 310.140 (Legislative findings), 310.630, 310.800 (Property tax work-off programs), 314.011 (Definitions), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 11 to 19 and 21 to 25, chapter 7, Oregon Laws 2011, for a tax year beginning before January 1, 2011, shall be made by filing an amended return within the time prescribed by law.

(d)

If a taxpayer fails to file an amended return under paragraph (c) of this subsection, the Department of Revenue shall make any changes under paragraph (c) of this subsection on the return to which the changes relate within the period specified for issuing a notice of deficiency or claiming a refund as otherwise provided by law with respect to that return, or within one year after a return for a tax year beginning on or after January 1, 2011, and before January 1, 2012, is filed, whichever period expires later. [2011 c.7 §28; 2011 c.723 §27]
Note: 314.063 (Application of Federal Aviation Administration Air Transportation Modernization and Safety Improvement Act (P.L. 111-226), Patient Protection and Affordable Care Act (P.L. 111-148), Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010 (P.L. 111-192), Health Care and Education Reconciliation Act of 2010 (P.L. 111-152) and Homebuyer Assistance and Improvement Act of 2010 (P.L. 111-198)) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 314 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
Note: Legislative Counsel has codified applicability sections for annual reconnect bills, which update statutory references to federal tax law, for bills enacted in years prior to 2012. Beginning with the 2012 regular session, Legislative Counsel has printed the applicability sections as uncodified session law sections. Legislative Counsel will retain these applicability sections in printed form for six subsequent years before omitting them. All applicability sections for reconnect bills continue to be in full force and effect.
Note: Section 26, chapter 33, Oregon Laws 2016, provides:
Sec. 26. Application of Consolidated Appropriations Act, 2016 (P.L. 114-113), Slain Officer Family Support Act of 2015 (P.L. 114-7), Don’t Tax Our Fallen Public Safety Heroes Act (P.L. 114-14), Defending Public Safety Employees’ Retirement Act (P.L. 114-26), Trade Preferences Extension Act of 2015 (P.L. 114-27) and Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (P.L. 114-41). (1) Except as provided in subsections (2) and (3) of this section, the amendments to statutes by sections 1 to 25 of this 2016 Act apply to transactions or activities occurring on or after January 1, 2016, in tax years beginning on or after January 1, 2016.

(2)

The effective and applicable dates, and the exceptions, special rules and coordination with the Internal Revenue Code, as amended, relative to those dates, contained in the Consolidated Appropriations Act, 2016 (P.L. 114-113), the Slain Officer Family Support Act of 2015 (P.L. 114-7), the Don’t Tax Our Fallen Public Safety Heroes Act (P.L. 114-14), the Defending Public Safety Employees’ Retirement Act (P.L. 114-26), the Trade Preferences Extension Act of 2015 (P.L. 114-27), the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (P.L. 114-41) and other federal law amending the Internal Revenue Code and enacted before January 1, 2016, apply for Oregon personal income and corporate excise and income tax purposes, to the extent they can be made applicable, in the same manner as they are applied under the Internal Revenue Code and related federal law.

(3)

Intentionally left blank —Ed.

(a)

If a deficiency is assessed against any taxpayer for a tax year beginning before January 1, 2016, and the deficiency or any portion thereof is attributable to any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 178.375 (Definitions for ORS 178.375, 178.380 and 178.385), 178.380 (Establishment of qualified ABLE program), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 311.666 (Definitions for ORS 311.666 to 311.701), 314.011 (Definitions), 314.385 (Form of returns), 314.724 (Information return), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 to 1b and 12 to 23 of this 2016 Act, then any interest or penalty assessed under ORS chapter 305, 314, 315, 316, 317 or 318 with respect to the deficiency or portion thereof shall be canceled.

(b)

If a refund is due any taxpayer for a tax year beginning before January 1, 2016, and the refund or any portion thereof is due the taxpayer on account of any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 178.375 (Definitions for ORS 178.375, 178.380 and 178.385), 178.380 (Establishment of qualified ABLE program), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 311.666 (Definitions for ORS 311.666 to 311.701), 314.011 (Definitions), 314.385 (Form of returns), 314.724 (Information return), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 to 1b and 12 to 23 of this 2016 Act, for a tax year beginning before January 1, 2016, then notwithstanding ORS 305.270 (Refund of excess tax paid) or 314.415 (Refunds) or any other law, the refund or portion thereof shall be paid without interest.

(c)

Any changes required because of the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 178.375 (Definitions for ORS 178.375, 178.380 and 178.385), 178.380 (Establishment of qualified ABLE program), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 311.666 (Definitions for ORS 311.666 to 311.701), 314.011 (Definitions), 314.385 (Form of returns), 314.724 (Information return), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 to 1b and 12 to 23 of this 2016 Act, for a tax year beginning before January 1, 2016, shall be made by filing an amended return within the time prescribed by law.

(d)

If a taxpayer fails to file an amended return under paragraph (c) of this subsection, the Department of Revenue shall make any changes under paragraph (c) of this subsection on the return to which the changes relate within the period specified for issuing a notice of deficiency or claiming a refund as otherwise provided by law with respect to that return, or within one year after a return for a tax year beginning on or after January 1, 2016, and before January 1, 2017, is filed, whichever period expires later. [2016 c.33 §26]
Note: Section 27, chapter 527, Oregon Laws 2017, provides:
Sec. 27. Application of Housing Opportunity Through Modernization Act of 2016 (P.L. 114-201) and United States Appreciation for Olympians and Paralympians Act of 2016 (P.L. 114-239). (1) Except as provided in subsections (2) and (3) of this section, the amendments to statutes by sections 1 to 26 of this 2017 Act apply to transactions or activities occurring on or after January 1, 2017, in tax years beginning on or after January 1, 2017.

(2)

The effective and applicable dates, and the exceptions, special rules and coordination with the Internal Revenue Code, as amended, relative to those dates, contained in the Housing Opportunity Through Modernization Act of 2016 (P.L. 114-201), the United States Appreciation for Olympians and Paralympians Act of 2016 (P.L. 114-239) and other federal law amending the Internal Revenue Code and enacted before January 1, 2017, apply for Oregon personal income and corporate excise and income tax purposes, to the extent they can be made applicable, in the same manner as they are applied under the Internal Revenue Code and related federal law.

(3)

Intentionally left blank —Ed.

(a)

If a deficiency is assessed against any taxpayer for a tax year beginning before January 1, 2017, and the deficiency or any portion thereof is attributable to any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 311.666 (Definitions for ORS 311.666 to 311.701), 314.011 (Definitions), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 24 of this 2017 Act, then any interest or penalty assessed under ORS chapter 305, 314, 315, 316, 317 or 318 with respect to the deficiency or portion thereof shall be canceled.

(b)

If a refund is due any taxpayer for a tax year beginning before January 1, 2017, and the refund or any portion thereof is due the taxpayer on account of any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 311.666 (Definitions for ORS 311.666 to 311.701), 314.011 (Definitions), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 24 of this 2017 Act, for a tax year beginning before January 1, 2017, then notwithstanding ORS 305.270 (Refund of excess tax paid) or 314.415 (Refunds) or any other law, the refund or portion thereof shall be paid without interest.

(c)

Any changes required because of the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 311.666 (Definitions for ORS 311.666 to 311.701), 314.011 (Definitions), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 24 of this 2017 Act, for a tax year beginning before January 1, 2017, shall be made by filing an amended return within the time prescribed by law.

(d)

If a taxpayer fails to file an amended return under paragraph (c) of this subsection, the Department of Revenue shall make any changes under paragraph (c) of this subsection on the return to which the changes relate within the period specified for issuing a notice of deficiency or claiming a refund as otherwise provided by law with respect to that return, or within one year after a return for a tax year beginning on or after January 1, 2017, and before January 1, 2018, is filed, whichever period expires later. [2017 c.527 §27]
Note: Section 27, chapter 101, Oregon Laws 2018, provides:
Sec. 27. Application of Disaster Tax Relief and Airport and Airway Extension Act of 2017 (P.L. 115-63) and An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018 (P.L. 115-97). (1) Except as provided in subsections (2) and (3) of this section, the amendments to statutes by sections 1 to 26 of this 2018 Act apply to transactions or activities occurring on or after January 1, 2018, in tax years beginning on or after January 1, 2018.

(2)

The effective and applicable dates, and the exceptions, special rules and coordination with the Internal Revenue Code, as amended, relative to those dates, contained in the Disaster Tax Relief and Airport and Airway Extension Act of 2017 (P.L. 115-63), and An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018 (P.L. 115-97) and other federal law amending the Internal Revenue Code and enacted before January 1, 2018, apply for Oregon personal income and corporate excise and income tax purposes, to the extent they can be made applicable, in the same manner as they are applied under the Internal Revenue Code and related federal law.

(3)

Intentionally left blank —Ed.

(a)

If a deficiency is assessed against any taxpayer for a tax year beginning before January 1, 2018, and the deficiency or any portion thereof is attributable to any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 24 of this 2018 Act, then any interest or penalty assessed under ORS chapter 305, 314, 315, 316, 317 or 318 with respect to the deficiency or portion thereof shall be canceled.

(b)

If a refund is due any taxpayer for a tax year beginning before January 1, 2018, and the refund or any portion thereof is due the taxpayer on account of any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 24 of this 2018 Act, for a tax year beginning before January 1, 2018, then notwithstanding ORS 305.270 (Refund of excess tax paid) or 314.415 (Refunds) or any other law, the refund or portion thereof shall be paid without interest.

(c)

Any changes required because of the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 24 of this 2018 Act, for a tax year beginning before January 1, 2018, shall be made by filing an amended return within the time prescribed by law.

(d)

If a taxpayer fails to file an amended return under paragraph (c) of this subsection, the Department of Revenue shall make any changes under paragraph (c) of this subsection on the return to which the changes relate within the period specified for issuing a notice of deficiency or claiming a refund as otherwise provided by law with respect to that return, or within one year after a return for a tax year beginning on or after January 1, 2018, and before January 1, 2019, is filed, whichever period expires later. [2018 c.101 §27]
Note: Section 29, chapter 319, Oregon Laws 2019, provides:
Sec. 29. Application of Making Further Continuing Appropriations for the Fiscal Year Ending September 30, 2018 (P.L. 115-120), and the Bipartisan Budget Act of 2018 (P.L. 115-123). (1) Except as provided in subsections (2) and (3) of this section, the amendments to statutes by sections 1 to 28 of this 2019 Act apply to transactions or activities occurring on or after January 1, 2019, in tax years beginning on or after January 1, 2019.

(2)

The effective and applicable dates, and the exceptions, special rules and coordination with the Internal Revenue Code, as amended, relative to those dates, contained in Making Further Continuing Appropriations for the Fiscal Year Ending September 30, 2018 (P.L. 115-120), the Bipartisan Budget Act of 2018 (P.L. 115-123) and other federal law amending the Internal Revenue Code and enacted before January 1, 2019, apply for Oregon personal income and corporate excise and income tax purposes, to the extent they can be made applicable, in the same manner as they are applied under the Internal Revenue Code and related federal law.

(3)

Intentionally left blank —Ed.

(a)

If a deficiency is assessed against any taxpayer for a tax year beginning before January 1, 2019, and the deficiency or any portion thereof is attributable to any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 26 of this 2019 Act, then any interest or penalty assessed under ORS chapter 305, 314, 315, 316, 317 or 318 with respect to the deficiency or portion thereof shall be canceled.

(b)

If a refund is due any taxpayer for a tax year beginning before January 1, 2019, and the refund or any portion thereof is due the taxpayer on account of any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 26 of this 2019 Act, for a tax year beginning before January 1, 2019, then notwithstanding ORS 305.270 (Refund of excess tax paid) or 314.415 (Refunds) or any other law, the refund or portion thereof shall be paid without interest.

(c)

Any changes required because of the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions) and 317.097 (Lending institution loans for housing) by sections 1 and 13 to 26 of this 2019 Act, for a tax year beginning before January 1, 2019, shall be made by filing an amended return within the time prescribed by law.

(d)

If a taxpayer fails to file an amended return under paragraph (c) of this subsection, the Department of Revenue shall make any changes under paragraph (c) of this subsection on the return to which the changes relate within the period specified for issuing a notice of deficiency or claiming a refund as otherwise provided by law with respect to that return, or within one year after a return for a tax year beginning on or after January 1, 2019, and before January 1, 2020, is filed, whichever period expires later. [2019 c.319 §29]
Note: Section 30, chapter 456, Oregon Laws 2021, provides:
Sec. 30. Application of federal law amending the Internal Revenue Code. (1) Except as provided in subsections (2) and (3) of this section, the amendments to statutes by sections 1 to 29 of this 2021 Act apply to transactions or activities occurring on or after January 1, 2021, in tax years beginning on or after January 1, 2021.

(2)

The effective and applicable dates, and the exceptions, special rules and coordination with the Internal Revenue Code, as amended, relative to those dates, contained in federal law amending the Internal Revenue Code and enacted before January 1, 2021, apply for Oregon personal income and corporate excise and income tax purposes, to the extent they can be made applicable, in the same manner as they are applied under the Internal Revenue Code and related federal law.

(3)

Intentionally left blank —Ed.

(a)

If a deficiency is assessed against any taxpayer for a tax year beginning before January 1, 2021, and the deficiency or any portion thereof is attributable to any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions), 317.097 (Lending institution loans for housing) and 317A.100 (Definitions) by sections 1 and 14 to 26 of this 2021 Act, then any interest or penalty assessed under ORS chapter 305, 314, 315, 316, 317 or 318 with respect to the deficiency or portion thereof shall be canceled.

(b)

If a refund is due any taxpayer for a tax year beginning before January 1, 2021, and the refund or any portion thereof is due the taxpayer on account of any retroactive treatment under the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions), 317.097 (Lending institution loans for housing) and 317A.100 (Definitions) by sections 1 and 14 to 26 of this 2021 Act, for a tax year beginning before January 1, 2021, then notwithstanding ORS 305.270 (Refund of excess tax paid) or 314.415 (Refunds) or any other law, the refund or portion thereof shall be paid without interest.

(c)

Any changes required because of the amendments to ORS 178.300 (Definitions for ORS 178.300 to 178.360), 305.230 [renumbered 305.239 (Qualifications of persons representing taxpayer)], 305.494 (When shareholder may represent corporation in tax court proceedings), 305.690 (Definitions for ORS 305.690 to 305.753), 305.842 (Application of Internal Revenue Code to certain property tax laws), 314.011 (Definitions), 314.306 (Income from discharge of indebtedness), 315.004 (Definitions), 316.012 (Terms have same meaning as in federal laws), 316.147 (Definitions for ORS 316.147 to 316.149), 316.157 (Credit for retirement income), 317.010 (Definitions), 317.097 (Lending institution loans for housing) and 317A.100 (Definitions) by sections 1 and 14 to 26 of this 2021 Act, for a tax year beginning before January 1, 2021, shall be made by filing an amended return within the time prescribed by law.

(d)

If a taxpayer fails to file an amended return under paragraph (c) of this subsection, the Department of Revenue shall make any changes under paragraph (c) of this subsection on the return to which the changes relate within the period specified for issuing a notice of deficiency or claiming a refund as otherwise provided by law with respect to that return, or within one year after a return for a tax year beginning on or after January 1, 2021, and before January 1, 2022, is filed, whichever period expires later. [2021 c.456 §30]

Source: Section 314.063 — Application of Federal Aviation Administration Air Transportation Modernization and Safety Improvement Act (P.L. 111-226), Patient Protection and Affordable Care Act (P.L. 111-148), Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010 (P.L. 111-192), Health Care and Education Reconciliation Act of 2010 (P.L. 111-152) and Homebuyer Assistance and Improvement Act of 2010 (P.L. 111-198), https://www.­oregonlegislature.­gov/bills_laws/ors/ors314.­html.

314.011
Definitions 314.015
Soccer referees considered independent contractors 314.021
Application of chapter 314.023
Application to partners in domestic partnership and to surviving partners 314.029
Application of Deficit Reduction Act of 1984 (P.L. 98-369) and Simplification of Imputed Interest Rules of 1985 (P.L. 99-121) to personal income tax 314.031
Application of Deficit Reduction Act of 1984 (P.L. 98-369) and Simplification of Imputed Interest Rules of 1985 (P.L. 99-121) to corporate excise and income tax 314.033
Application of federal Tax Reform Act of 1986 (P.L. 99-514) 314.035
Application of Omnibus Budget Reconciliation Act of 1987 (P.L. 100-203), Family Support Act of 1988 (P.L. 100-485) and Technical and Miscellaneous Revenue Act of 1988 (P.L. 100-647) 314.037
Application of P.L. 101-140, Omnibus Budget Reconciliation Act of 1989 (P.L. 101-239) and Omnibus Budget Reconciliation Act of 1991 (P.L. 101-508) 314.039
Application of P.L. 102-2, Comprehensive National Energy Policy Act of 1992 (P.L. 102-486), Unemployment Compensation Amendments of 1992 (P.L. 102-318), Tax Extension Act of 1991 (P.L. 102-227) and Emergency Unemployment Compensation Act of 1991 (P.L. 102-164) 314.041
Application of Revenue Reconciliation Act of 1993 (P.L. 103-66), the Uruguay Round Agreements Act (P.L. 103-465) and P.L. 104-7 314.043
Application of ICC Termination Act of 1995 (P.L. 104-88), P.L. 104-117, Omnibus Consolidated Rescissions and Appropriations Act of 1996 (P.L. 104-134), Small Business Job Protection Act of 1996 (P.L. 104-188), Health Insurance Portability and Accountability Act of 1996 (P.L. 104-191) and Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (P.L. 104-193) 314.045
Application of Taxpayer Relief Act of 1997 (P.L. 105-34), Taxpayer Browsing Protection Act (P.L. 105-35), Balanced Budget Act of 1997 (P.L. 105-33), Internal Revenue Service Restructuring and Reform Act of 1998 (P.L. 105-206), Transportation Equity Act for the 21st Century (P.L. 105-178) and Tax and Trade Relief Extension Act of 1998 (P.L. 105-277) 314.047
Application of Tax Relief Extension Act of 1999 (P.L. 106-170) and FSC Repeal and Extraterritorial Income Exclusion Act of 2000 (P.L. 106-519) 314.049
Application of Economic Growth and Tax Relief Reconciliation Act of 2001 (P.L. 107-16) and Job Creation and Worker Assistance Act of 2002 (P.L. 107-147) 314.051
Application of Veterans Benefit Act of 2002 (P.L. 107-330), Jobs and Growth Tax Relief Reconciliation Act of 2003 (P.L. 108-27), Military Family Tax Relief Act of 2003 (P.L. 108-121), Working Families Tax Relief Act of 2004 (P.L. 108-311) and American Jobs Creation Act of 2004 (P.L. 108-357) 314.053
Application of Deficit Reduction Act of 2005 (P.L. 109-171), Tax Increase Prevention and Reconciliation Act of 2005 (P.L. 109-222) and Pension Protection Act of 2006 (P.L. 109-280) 314.055
Application of Energy Independence and Security Act of 2007 (P.L. 110-140), Mortgage Forgiveness Debt Relief Act of 2007 (P.L. 110-142), Tax Increase Prevention Act of 2007 (P.L. 110-166) and Tax Technical Corrections Act of 2007 (P.L. 110-172) 314.057
Application of Economic Stimulus Act of 2008 (P.L. 110-185), Heroes Earnings Assistance and Relief Tax Act of 2008 (P.L. 110-245), Food, Conservation, and Energy Act of 2008 (P.L. 110-246), Housing and Economic Recovery Act of 2008 (P.L. 110-289), Emergency Economic Stabilization Act of 2008, Energy Improvement and Extension Act of 2008, Tax Extenders and Alternative Minimum Tax Relief Act of 2008 (P.L. 110-343) and Fostering Connections to Success and Increasing Adoptions Act of 2008 (P.L. 110-351) 314.059
Application of American Recovery and Reinvestment Act of 2009 (P.L. 111-5) 314.061
Application of Consumer Assistance to Recycle and Save Act of 2009 (P.L. 111-32) and Worker, Homeownership, and Business Assistance Act of 2009 (P.L. 111-92) 314.063
Application of Federal Aviation Administration Air Transportation Modernization and Safety Improvement Act (P.L. 111-226), Patient Protection and Affordable Care Act (P.L. 111-148), Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010 (P.L. 111-192), Health Care and Education Reconciliation Act of 2010 (P.L. 111-152) and Homebuyer Assistance and Improvement Act of 2010 (P.L. 111-198) 314.075
Evading requirements of law prohibited 314.078
Determination of tax credit amounts 314.080
Venue on failure to comply with law 314.085
Taxable year 314.091
Abeyance of tax during periods of active duty military service 314.105
Definitions for ORS 314.105 to 314.135 314.115
Adjustment to correct effect of certain errors 314.125
When adjustment may be made 314.135
Computation 314.140
Adjustment of returns of related taxpayers after reallocation of income or deduction on federal return 314.255
Collection of taxes due after revocation of certification of pollution control facility 314.256
Lobbying expenditures 314.258
Withholding in certain conveyances of real estate 314.260
Taxation of real estate mortgage investment conduits 314.276
Method of accounting 314.280
Allocation of income of financial institution or public utility from business within and without state 314.287
Costs allocable to inventory 314.295
Apportionment or allocation where two or more organizations, trades or businesses are owned or controlled by the same interests 314.297
Election for alternative determination of farm income 314.300
Passive activity loss 314.302
Interest on deferred tax liabilities with respect to installment obligations 314.306
Income from discharge of indebtedness 314.307
Definitions 314.308
Reportable transactions 314.310
Liability of transferee of taxpayer for taxes imposed on taxpayer 314.330
Lien if grantor or other person determined to be owner of trust 314.355
Returns when tax year changed 314.360
Information returns 314.362
Filing return on magnetic media or other machine-readable form 314.364
Authority of department to require filing of returns by electronic means 314.370
Department requiring return or supplementary return 314.380
Furnishing copy of federal or other state return or report 314.385
Form of returns 314.395
Time for payment of tax 314.397
Manner of payment 314.400
Penalty for failure to file report or return or to pay tax when due 314.401
De minimis tax payment not required 314.402
Understatement of net tax 314.403
Listed transaction understatement 314.404
Penalty for failure to report reportable transaction 314.406
Penalty for promotion of abusive tax shelter 314.407
Assessment of taxes owing but not submitted with return 314.410
Time limit for notice of deficiency 314.412
Issuing of notice of deficiency attributable to involuntary conversion 314.415
Refunds 314.417
Unpaid tax or withholding lien at time of assessment 314.419
Foreclosure of lien 314.421
When lien valid 314.423
Status of lien 314.425
Examining books, records or persons 314.430
Warrant for collection of taxes 314.440
Tax as debt 314.466
Audits, deficiencies, assessments, refunds and appeals governed by ORS chapter 305 314.469
Treatment of moneys collected under ORS 314.406 314.505
Estimate of tax liability by corporations 314.515
Installment schedule for payment of estimated tax 314.518
Estimated tax payments by electronic funds transfer 314.520
State agency authority over certain electronic funds transfer payments 314.525
Underpayment of estimated tax 314.605
Short title 314.606
Status of ORS 314.605 to 314.675 when in conflict with Multistate Tax Compact 314.610
Definitions for ORS 314.605 to 314.675 314.615
When allocation and apportionment of net income from business activity required 314.620
When taxpayer is considered taxable in another state 314.625
Certain nonapportionable income to be allocated 314.630
Allocation to this state of net rents and royalties 314.635
Allocation to this state of capital gains and losses 314.640
Allocation to this state of interest and dividends 314.642
Allocation to this state of lottery prizes 314.645
Allocation to this state of patent and copyright royalties 314.647
Policy 314.650
Apportionment of income 314.655
Determination of property factor 314.660
Determination of payroll factor 314.665
Determination of sales factor 314.666
Market for sales in this state 314.667
Additional methods to determine extent of business activity in this state 314.668
Definitions 314.669
Legislative findings 314.671
Qualifying investment contract 314.673
Rules 314.674
Apportionment of broadcasting sales 314.675
Apportionment of net loss 314.695
Application of ORS 314.280 and 314.605 to 314.675 314.698
Treatment of global intangible low-taxed income 314.712
Partnerships not subject to income tax 314.714
Character of partnership income 314.716
Basis of partner’s interest 314.718
Treatment of contributions to partnership 314.720
Treatment of distributions from partnership 314.722
Publicly traded partnerships taxed as corporations 314.724
Information return 314.725
Privilege tax applicable to partnerships 314.726
Application of ORS 314.724 314.727
Disclosure of partnership items to partner 314.731
Definitions 314.733
Requirement to report adjustments from partnership-level audit or administrative adjustment request 314.735
Time limit for notice of deficiency 314.737
Time limit for claim for refund or credit 314.739
Obligation or right of partner to report changes in taxable income or tax liability 314.761
“C corporation” and “S corporation” defined for this chapter and ORS chapters 316, 317 and 318 314.762
Taxation of S corporation 314.763
Taxation of shareholder’s income 314.764
Treatment of distributions by S corporation 314.765
Employee fringe benefits 314.766
Tax on built-in gain 314.767
Tax on excess net passive income 314.768
S corporation or shareholder elections 314.769
Application of sections 1377 and 1379 of Internal Revenue Code 314.770
Disclosure of S corporation items to shareholder 314.771
Recapture of LIFO benefits 314.772
Business tax credits 314.775
Definitions for ORS 314.775 to 314.784 314.778
Composite returns of pass-through entities 314.781
Withholding 314.784
Circumstances when pass-through entity withholding is not required 314.805
Department to administer and enforce laws 314.810
Administering oaths and taking acknowledgments 314.815
Rules and regulations 314.835
Divulging particulars of returns and reports prohibited 314.840
Disclosure of information 314.843
Reporting of information to consumer reporting agency 314.845
Certificate of department as evidence 314.850
Statistics 314.855
Rewards for information 314.865
Use of certain information for private benefit prohibited 314.870
Time for performing certain acts postponed by reason of service in a combat zone 314.991
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 314.063’s source at oregon​.gov