Fillable Form 150-301-014 - Multiple County Property Return Extension Request Form (Page 2 of 3) in pdf

Real and personal property return extension information

Situations that are deemed good cause may include, but are

The deadline for filing real and personal property returns

with your county assessor is March 1. In certain cases,

not limited to:

the county assessor and the Department of Revenue have

• A delay caused by an unavoidable absence of the person

authority to grant an extension of time to file your return.

who is solely responsible for filing the return.

• A delay due to destruction by fire, natural disaster, or casu-

Extension requests filed with the county assessor—OAR

alty of the taxpayer’s records needed to prepare the return.

150-308.290(3)

An extension for good cause is only applicable for the cur-

The county assessor has the authority to grant businesses

rent year’s return.

with accounts located in only one county an extension of

time to file when a hardship exists. The county assessor may

All extension requests must:

extend the due date to April 15 for good cause or adminis-

• Be in writing to the appropriate county assessor and be

trative need.

postmarked no later than March 1.

Situations that are deemed good cause may include, but are

• Be signed by the taxpayer or the taxpayer's authorized

not limited to:

representative.

• A delay caused by an unavoidable absence of the person

• Contain all the facts justifying the taxpayer’s inability to

who is solely responsible for filing the return.

file the return by the due date.

• A delay due to destruction by fire, natural disaster, or casu-

• Include the name on the account, business name when

alty of the taxpayer’s records needed to prepare the return.

appropriate, account numbers when known (or the

situs address if no account number is available), and the

An extension for good cause is only applicable for the cur-

address where the information should be mailed.

rent year’s return.

All returns approved for an extension of time to file will

All extension requests must:

be subject to audit and correction for errors in:

• Be in writing to the appropriate county assessor and be

• Classification.

postmarked no later than March 1.

• Trending and depreciation.

• Be signed by the taxpayer or the taxpayer's authorized

• Omissions.

representative.

• Contain all the facts justifying the taxpayer’s inability to

Filing your return

file the return by the due date.

If an extension is granted, your return must be sent to the

• Include the name on the account, business name when

appropriate county assessor or the department and be post-

appropriate, account numbers when known (or the

marked by April 15.

situs address if no account number is available), and the

address where the information should be mailed.

If your request for an extension has been granted by the

department you will receive instructions for reporting.

Extension requests filed with the Department of

These instructions will include current trending and depre-

Revenue—OAR 150-308.290(5)

ciation factors where applicable.

The department has the authority to grant businesses a per-

In all cases, depreciation factors must be applied to the asset

manent extension for administrative need that will con-

listings.

tinue in effect for each subsequent tax year until canceled

Your return must include:

by the taxpayer or revoked by the department. To qualify

you must meet the following conditions:

• Personal property returns filed with the county assessor:

• You have reporting requirements for property in more

A complete listing of assets with factors applied according to

property classification. Report all additions and deletions.

than one county, AND

• Your accounting information cannot be accurately

• Real property returns filed with the county assessor:

reflected by the March 1 filing deadline due to the vol-

A complete listing of assets with the specific real property

ume of information needed to file the return or due to fis-

additions and retirements for the current year.

cal year-end requirements.

• Leasing companies:

• If the property is leased, you must have sole responsibil-

A complete listing of equipment for both real and per-

ity for payment of all property taxes.

sonal property reported by a leasing company. This listing

The department also has the authority to grant businesses

MUST also identify the situs of the property.

a one-year extension for good cause if you meet the follow-

When completing your return:

ing conditions:

• Describe all assets completely.

• You have reporting requirements for property in more

• Categorize all assets according to the schedules received.

than one county; AND

• Report all additions and deletions in addition to the com-

• A hardship exists.

pleted asset list.

150-301-014 (Rev. 12-11)

Form 150-301-014 - Multiple County Property Return Extension Request Form Page 2

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