(1) The Department of Revenue shall cancel an unpaid tax imposed by laws of the State of Oregon that is collected by the department, including any penalty or interest applicable to the tax, if the department determines that:
(a) The tax has been delinquent for seven or more years;
(b) All reasonable efforts have been made to effect collection;
(c) The taxpayer cannot be located or is dead; and
(d) The tax is wholly uncollectible.
(2) The department may cancel any tax imposed by laws of the State of Oregon that is collected by the department or any portion of the tax assessed against a person, including any penalty and interest that has not been collected, if the department determines that the administration and collection costs involved would exceed the amount that can reasonably be expected to be recovered.
(3) When taxes are canceled under subsection (1) or (2) of this section, the department shall make an order canceling the tax, penalties and interest. The order shall be filed in the records of the department. Upon making the order, the department also shall cause to be canceled or released any lien of record in the counties that may have been filed and entered therein. [1965 c.293 §2; 1973 c.402 §5; 1989 c.934 §2; 2003 c.46 §2]
Section: Previous 305.110 305.115 305.120 305.130 305.140 305.145 305.150 305.155 305.157 305.160 305.170 305.180 305.182 305.184 305.190 NextLast modified: August 7, 2008