Or. Admin. R. 150-314-0230 - Effect of Federal Extension of Period for Assessment

If a taxpayer and the Commissioner of Internal Revenue, or the taxing authority of another state, enter into an agreement, or renewal thereof, extending the period of time for giving notices of deficiencies and assessing deficiencies of income tax, the Department may give notice of a deficiency within the limits set forth in subsections (1) to (7) of ORS 314.410 or within six months from the expiration date of the agreement, whichever period expires the later.

Notes

Or. Admin. R. 150-314-0230

11-71; 12-31-77; REV 9-1999, f. 12-30-99, cert. ef. 12-31-99; Renumbered from 150-314.410(8), REV 8-2008, f. 8-29-08, cert. ef. 8-31-08; Renumbered from 150-314.410(9), REV 31-2016, f. 8-12-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: 314.410