When the department receives voluntary
payments, it will apply the payments in the following order:
(a) Against all accrued interest first;
(b) Then to the deferral tax
balance until fully paid; and
Lastly to the lien recording and release fees.
(2) Subject to ORS
when the department receives full payment on the account and a written
statement from the taxpayer asking for removal of the property from the
deferral, the department will release the lien against the property. When the
department receives full payment on a disqualified account, the department will
release the lien against the property.
Or. Admin. R.
2-2002, f. 6-26-02, cert. ef. 6-30-02; REV 6-2003, f. & cert. ef. 12-31-03;
REV 12-2004, f. 12-29-04, cert. ef. 12-31-04; Renumbered from 150-311.690(4),
27-2016, f. 8-12-16, cert. ef.
Stat. Auth.: ORS
Stats. Implemented: ORS