Oregon Statutes
§ 314.404 — Penalty for failure to report reportable transaction
Oregon § 314.404
JurisdictionOregon
Vol.8
Title 29Revenue and Taxation
Ch. 314Taxes Imposed Upon or Measured by Net Income
This text of Oregon § 314.404 (Penalty for failure to report reportable transaction) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 314.404 (2026).
Text
(1)If a taxpayer fails to report to the Department of Revenue a reportable transaction as required by ORS 314.308, there shall be added to the tax liability of the taxpayer for the tax year a penalty as follows:
(a)Individual taxpayers, $3,300.
(b)Corporation taxpayers, $16,700.
(2)If the reportable transaction is a listed transaction, in lieu of the penalty provided in subsection (1) of this section, the penalty shall be as follows:
(a)Individual taxpayers, $33,000.
(b)Corporation taxpayers, $66,000.
(3)This section applies to tax years beginning on or after January 1, 2007.
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Related
§ 314.308
Oregon § 314.308
Legislative History
2007 c.568 §9
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 314.404, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/314.404.