Or. Admin. Code § 150-475-4020

Current through Register Vol. 63, No. 11, November 1, 2024

Section 150-475-4020 - Psilocybin Tax: Filing Extension

(1) For purposes of this rule, "good cause" means circumstances beyond the control of the psilocybin service center as established under section (5)(a) of OAR 150-305-0068.

(2) For purposes of this rule, "good cause" does not include:

(a) Circumstances established in section (5)(b) of OAR 150-305-0068;

(b) Lack of knowledge about filing deadlines or requirements;

(c) Other circumstances that are within the control of the psilocybin service center operator or its representatives.

(3) If, for good cause, a psilocybin service center operator is unable to file a psilocybin tax return within the statutorily prescribed time, the department may grant the psilocybin service center an extension of 30 days for filing the return. The extension for filing a return does not extend the time for payment of the psilocybin tax.

(4) A psilocybin service center operator may request a 30-day extension to file a return of psilocybin tax by submitting a written request for extension to the department. The psilocybin service center operator must file the extension request and remit the psilocybin tax on or before the due date for the tax period for which the extension is requested. The department's decision whether to grant an extension request for good cause will be based upon the facts and circumstances in each case.

(5) Each written request for an extension to file a psilocybin tax return must contain the name of the psilocybin service center, the psilocybin service center operator's business identification number, the tax period associated with the request, and an explanation of the reason for requesting additional time to file the return.

(6) If the department grants an extension to file a psilocybin tax return, the psilocybin service center must file the return within 30 days of the original due date of the return.

(7) The department may require documentary proof to substantiate assertions of good cause when making a determination whether an extension to file a return is warranted.

Or. Admin. Code § 150-475-4020

REV 36-2022, adopt filed 12/28/2022, effective 1/1/2023

Statutory/Other Authority: ORS 305.100, 475A.666 & 475A.702

Statutes/Other Implemented: ORS 475A.666