Oregon Tax Refund Interest Rate. Updated with current Oregon tax rules. It also allows the Admin

Updated with current Oregon tax rules. It also allows the Administrator, by For refunds owing on or after January 1, 2021, unless specifically provided by statute or by rule, every refund arising under any law administered by the department will bear interest at the rate of four Where there has been an overpayment of any tax imposed, the amount of the overpayment and interest on the overpayment shall be credited against any tax, penalty or interest then due from the taxpayer, The amount of the refund, exclusive of interest on the refund, may not exceed the portion of the tax paid during the period preceding the filing of the claim or, if no Where there has been an overpayment of any tax imposed, the amount of the overpayment and interest on the overpayment shall be credited against any tax, penalty or interest then due from the taxpayer, The Oregon income tax has four tax brackets, with a maximum marginal income tax of 9. (9) Issuance of a potential refund credit, the withholding of tax amounts, the deposit of amounts withheld in an account and the payment of interest upon resolution of an appeal under this section do not give About the tax In July 2021, Oregon created a new tax called the Pass-Through Entity Elective (PTE-E) Tax, a business alternative income tax. 19 issued an annual interest rate update for corporate income, individual income, trust income, excise, property, and estate tax purposes. Revenue from the CAT is . Your Oregon taxable income is your federal taxable income with the additions, subtractions, and modifications described in Oregon’s tax laws. 833%) on tax due and on refunds. The Revenue Division will review DOR’s interest The Metro Code regarding income taxes sets an annual interest rate of 10% (or monthly interest rate of 0. Logging into your Revenue Online account is the best way to get detailed updates on your tax refund status. You Use our Oregon (OR) state tax calculator for 2026 to estimate income tax accurately. 20 issued an annual interest rate update for corporate income, individual income, trust income, excise, property, and estate tax purposes. The rates are effective for interest periods beginning on or after ABC Inc. The Oregon Department of Revenue Dec. Kicker refund Oregon’s surplus credit (known as the “kicker”) is claimed as a refundable credit on your 2023 tax return. Oregon’s interest Information about Metro Supportive Housing Services (SHS) Personal Income Tax and Multnomah County Preschool for All (PFA) Personal Income Tax, including requirements for filing personal tax Interest will be computed on a daily basis. The rates are effective for interest periods beginning on or after Our annual review found that Oregon’s interest rate for 2022 will remain at 4 percent for refunds, deficiencies, and delinquencies. It also allows the Administrator, by About the tax ORS Chapter 317A imposes a Corporate Activity Tax (CAT) on all types of business entities. The rate is based on the third quarter interest rates used by the Internal Revenue Service for deficiencies and delinquencies. , parent Walt Disney Co. 28 percent of your 2022 tax liability from Form OR-41, line 10. (b) The daily interest rate is calculated by dividing the annual interest rate by 365 without The Metro Code regarding income taxes sets an annual interest rate of 10% (or monthly interest rate of 0. In The Oregon Department of Revenue Dec. 1, 2026. Detailed Oregon state income tax rates and brackets are Tax: Amount of tax is based on your taxable income. 900% as of 2026. The daily rate is based on a 365-day year. Our annual review found that Oregon’s interest rate for 2022 will remain at 4 percent for refunds, deficiencies, and delinquencies. The amended regulations take effect Jan. , and a host of affiliates are entitled to a statutory higher rate of interest on their Oregon corporate income tax refund 61 days after a tax court ruling in their favor, the court Example 1: If you’re a Washington resident working for an Oregon employer and you telework from your Washington residence during the year, only the wages you earned while working in Oregon are Purpose of Form OR-20-S Use Form OR-20-S, Oregon S Corporation Tax Return to calculate and report the Oregon corporate excise or income tax liability of a business entity taxable as an S For more detailed information about your refund log into your Revenue Online account. The Oregon Department of Revenue (DOR) reviews and determines its interest rate once each year effective on January 1 of each year. This tax was made in response to the $10,000 cap on the Use our free tax return calculator and refund estimator to see how your income, withholdings, deductions and credits impact your tax refund. The CAT is in addition to the state's current corporate income tax. The credit is 44. Our annual review found that Oregon’s interest rate for 2024 will For refunds owing on or after January 1, 2021, unless specifically provided by statute or by rule, every refund arising under any law administered by the department will bear For refunds owing on or after January 1, 2025, unless specifically provided by statute or by rule, every refund arising under any law administered by the department will bear The regulations update the annual interest rate to 8 percent from 9 percent for deficiencies, delinquencies and refunds.

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