Oregon Administrative Rules
Chapter 150 - DEPARTMENT OF REVENUE
Division 320 - PROVISIONS APPLICABLE TO PRIVILEGE TAX
Section 150-320-0420 - Resale Certificate-Documentation Required
Current through Register Vol. 63, No. 9, September 1, 2024
Any document provided by a purchaser to a seller of a taxable vehicle prior to or at the time the seller bills the purchaser for the vehicle, qualifies as a resale certificate with respect to the sale of the taxable vehicle described in the document, if it contains all of the following information:
(1) The seller's name and address;
(2) The purchaser's name and address;
(3) The purchaser's federal tax identification number;
(4) A statement that the taxable vehicle described in the document is purchased for resale. The document must contain the phrase "for resale."
(5) A description of the particular taxable vehicle to be purchased for resale, including the vehicle identification number, if one exists;
(6) The signature of the purchaser, purchaser's employee, or authorized representative of the purchaser; and
(7) Date of execution of the document.
Statutory/Other Authority: ORS 305.100, 320.425 & 320.480
Statutes/Other Implemented: ORS 320.425
