Oregon Revised Statutes Chapter 314 § 314.733 — or if the adjustments report filed by the taxpayer omits adjustments or
Oregon Revised Statutes Chapter 314 ·
Oregon Code § 314.733·Enacted ·Last updated March 01, 2026
Statute Text
or if the adjustments report filed by the taxpayer omits adjustments or
understates the correct amount of tax owed, the department may assess any
amounts, including in-lieu-of amounts, taxes, interest or penalties arising
from the adjustments. The department shall issue a notice of deficiency to the
taxpayer on or before the later of:
(a) The
expiration of the applicable limitations period specified in ORS 314.410; or
(b) Two years
following the earlier of the date the department is notified by the Internal
Revenue Service or the date the taxpayer files the adjustments report with the
department. [2019 c.132 §4]
Plain English Explanation
This Oregon statute addresses or if the adjustments report filed by the taxpayer omits adjustments or
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 314.733
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses or if the adjustments report filed by the taxpayer omits adjustments or
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 314.733. Use this format in legal documents and court filings.
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