(2) If a lender, surety or other person who supplies funds to or for the account of an employer for the purpose of paying wages of the employees of the employer has actual notice or knowledge that the employer does not intend to or will not be able to make timely payment or deposit of the tax required to be deducted and withheld, the lender, surety or other person shall be liable to the State of Oregon in a sum equal to the taxes together with interest which are not timely paid over to the department. This liability shall be limited to the principal amount supplied by the lender, surety or other person, and any amounts so paid to the department shall be credited against the liability of the employer.
(3) With the approval of the Oregon Department of Administrative Services, the department may enter into contracts with banking institutions including but not limited to Federal Reserve Banks, incorporated banks, trust companies, domestic building and loan associations, savings and loan associations or credit unions authorizing them to receive as financial agents of the department any tax required to be withheld and paid to the department. [1969 c.493 §25; 1975 c.394 §1; 1977 c.604 §2; 1982 s.s.1 c.1 §1; 2019 c.134 §2]
Structure 2021 Oregon Revised Statutes
Volume : 08 - Revenue and Taxation
Chapter 316 - Personal Income Tax
Section 316.012 - Terms have same meaning as in federal laws; federal law references.
Section 316.022 - General definitions.
Section 316.027 - "Resident" defined.
Section 316.028 - Determination of net operating loss, carryback and carryforward.
Section 316.037 - Imposition and rate of tax.
Section 316.043 - Tax rates allowed for certain qualifying income; conditions; election.
Section 316.044 - Estimates by Legislative Revenue Officer; reports; adjustment of rates.
Section 316.045 - Tax rate imposed on certain long-term capital gain from farming; requirements.
Section 316.078 - Tax credit for dependent care expenses necessary for employment.
Section 316.079 - Credit for certain disabilities.
Section 316.082 - Credit for taxes paid another state; rules.
Section 316.085 - Personal exemption credit.
Section 316.087 - Credit for the elderly or permanently and totally disabled.
Section 316.090 - Credit for manufactured dwelling park closure.
Section 316.102 - Credit for political contributions.
Section 316.109 - Credit for tax by another jurisdiction on sale of residential property; rules.
Section 316.116 - Credit for alternative energy device; rules.
Section 316.118 - Pro rata share of S corporation income of nonresident shareholder.
Section 316.122 - Separate or joint determination of income for spouses in a marriage.
Section 316.124 - Determination of adjusted gross income of nonresident partner.
Section 316.127 - Income of nonresident from Oregon sources.
Section 316.130 - Determination of taxable income of full-year nonresident.
Section 316.131 - Credit allowed to nonresident for taxes paid to state of residence; exception.
Section 316.147 - Definitions for ORS 316.147 to 316.149.
Section 316.148 - Credit for expenses in lieu of nursing home care; limitation.
Section 316.157 - Credit for retirement income.
Section 316.158 - Effect upon ORS 316.157 of determination of invalidity; severability.
Section 316.162 - Definitions for ORS 316.162 to 316.221.
Section 316.164 - When surety bond or letter of credit required of employer; enforcement.
Section 316.168 - Employer required to file combined quarterly tax report.
Section 316.169 - Circumstances in which person other than employer required to withhold tax.
Section 316.182 - Withholding statement of exemption certificate; default withholding rate.
Section 316.189 - Withholding of state income taxes from certain periodic payments.
Section 316.191 - Withholding taxes at time and in manner other than required by federal law; rules.
Section 316.194 - Withholding from lottery prize payments; rules.
Section 316.197 - Payment to department by employer; interest on delinquent payments.
Section 316.198 - Payment by electronic funds transfer; phase-in; rules.
Section 316.207 - Liability for tax; warrant for collection; conference; appeal.
Section 316.213 - Definitions for ORS 316.213 to 316.219.
Section 316.214 - Withholding requirements for members of professional athletic teams.
Section 316.218 - Annual report of compensation paid to professional athletic team members.
Section 316.221 - Disposition of withheld amounts.
Section 316.277 - Associations taxable as corporations exempt from chapter.
Section 316.282 - Definitions related to trusts and estates; rules.
Section 316.287 - "Fiduciary adjustment" defined; shares proportioned; rules.
Section 316.292 - Credit for taxes paid another state.
Section 316.298 - Accumulation distribution credit.
Section 316.307 - Income of nonresident estate or trust.
Section 316.312 - Determination of Oregon share of income.
Section 316.362 - Persons required to make returns.
Section 316.363 - Returns; instructions.
Section 316.364 - Flesch Reading Ease Score form instructions.
Section 316.367 - Joint return by spouses in a marriage.
Section 316.369 - Circumstances where one spouse relieved of joint return liability; rules.
Section 316.382 - Returns by fiduciaries.
Section 316.417 - Date return considered made or advance payment made.
Section 316.472 - Tax treatment of common trust fund; information return required.
Section 316.569 - When declaration required of nonresident.
Section 316.573 - When individual not required to file declaration.
Section 316.577 - Date of filing declaration.
Section 316.588 - When interest on underpayment not imposed.
Section 316.589 - Application to short tax years and tax years beginning on other than January 1.
Section 316.680 - Modification of taxable income.
Section 316.683 - State exempt-interest dividends; rules.
Section 316.690 - Foreign income taxes.
Section 316.693 - Subtraction for medical expenses of elderly individuals.
Section 316.695 - Additional modifications of taxable income; rules.
Section 316.707 - Computation of depreciation of property under federal law; applicability.
Section 316.716 - Differences in basis on federal and state return; application of federal credit.
Section 316.739 - Deferral of deduction for certain amounts deductible under federal law.
Section 316.747 - Contribution to charitable organization subject to disqualification order.
Section 316.749 - Dividend from domestic international sales corporation.
Section 316.752 - Definitions for ORS 316.752 to 316.771.
Section 316.778 - Small city business development exemption; rules.
Section 316.792 - Military pay.
Section 316.796 - Definitions.
Section 316.797 - First-time home buyer savings account; restrictions.
Section 316.798 - Subtraction for contributions; exemption for earnings; limitations.
Section 316.800 - Limits phased out based on income applicable to subtraction or exemption.
Section 316.801 - Addition for certain amounts withdrawn; penalty; exceptions.
Section 316.806 - Definitions for ORS 316.806 to 316.818.
Section 316.821 - Federal election to deduct sales taxes; addition for state purposes.
Section 316.824 - Definitions for ORS 316.824 and 316.832.
Section 316.832 - Travel expenses for loggers.
Section 316.838 - Art object donation.
Section 316.844 - Special computation of gain or loss where farm use value used.
Section 316.846 - Scholarship awards used for housing expenses.
Section 316.847 - National service educational award.
Section 316.848 - Individual development accounts.
Section 316.852 - Qualified donations and sales to educational institutions.