Or. Admin. Code § 150-317-1180

Current through Register Vol. 63, No. 12, December 1, 2024

Section 150-317-1180 - Eligible Pharmacy Exclusion

(1) Definitions. For purposes of excluding receipts from the sales of prescription drugs from commercial activity, as provided under ORS 317A.123, the following definitions apply:

(a) "Common ownership" has the meaning given that term in Oregon Administrative Rule 150-317-1020 (10).

(b) "Caters primarily to veterinary customers" means that a person, or group of persons in the case of a unitary group, receives more than 50 percent of their total gross receipts attributable to prescription drug sales from prescription drug sales to veterinary customers for the taxable year.

(c) "Prescription drug" has the meaning given that term in ORS 689.005.

(2) This rule is applicable to tax years beginning on or after January 1, 2022 and ending before January 1, 2026.

Or. Admin. Code § 150-317-1180

REV 14-2022, adopt filed 09/29/2022, effective 10/1/2022; REV 10-2024, minor correction filed 06/06/2024, effective 6/6/2024

Statutory/Other Authority: ORS 305.100 & 317A.143

Statutes/Other Implemented: ORS 317A.100 & 317A.123