Skip to Main Content View Text-Only

The City of Portland, Oregon

Charter, Code and Policies

City of Portland



More Contact Info

Subscribe to RSS feed

Most Recent

View Less

7.02.550 Presumptive Tax.

(Amended by Ordinance No. 187339, effective October 16, 2015.)

A.  If a person fails to file a tax return, a rebuttable presumption exists that the tax payable amounts to $500 for every license tax year for which a tax return has not been filed.

B.  Nothing in this Section prevents the Division from assessing a tax due which is less than or greater than $500 per license tax year.

C.  Presumptive taxes assessed under this subsection are considered filed documents and are subject to the time limitations for deficiencies and refunds as described in Section 7.02.280.

D.  Taxes determined under this subsection are subject to penalties and interest from the date the taxes should have been paid as provided in Section 7.02.510 in accordance with Sections 7.02.700 and 7.02.710.  The Division will send notice of the determination and assessment to the taxfiler.