Or. Admin. R. 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, 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.
Notes
Stat. Auth.: ORS 305.100 & 285C.125
Stats. Implemented: ORS 285C.420
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