§ 324.110 Quarterly payment of tax; computation of prevailing cash price
§ 324.120 Statement by taxpayer; other required information
§ 324.130 Statement of producer; filing of statement
§ 324.140 Penalty for delinquent reports; report of claimed exempt royalties
§ 324.170 Audit; interest on delinquent tax or deficiency
§ 324.180 Notice to person liable for unpaid tax
§ 324.190 Collection of unpaid tax
§ 324.200 Release of lien on real estate
§ 324.210 Status of taxes, interest and penalties as debt; limitation on time of collection
§ 324.240 Payment of tax when oil or gas in litigation
lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Oregon Statutes > Chapter 324 > Collection of Tax

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Department: means the Department of Revenue. See Oregon Statutes 324.050
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Gas: means natural gas and casinghead gas. See Oregon Statutes 324.050
  • Gross production: means the total volume of oil or gas extracted from a well, including oil or gas extracted but not sold. See Oregon Statutes 324.050
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Oath: A promise to tell the truth.
  • Oil: means petroleum, crude oil, mineral oil and casinghead gas. See Oregon Statutes 324.050
  • Person: includes partnership, corporation, association, fiduciary, trustee and any combination of individuals. See Oregon Statutes 324.050
  • Personal property: All property that is not real property.
  • Produced and saved: means extracted and sold, extracted and used or extracted and retained for later sale or use. See Oregon Statutes 324.050
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.