Form 150-605-004 - Quarterly Tobacco Tax Return Instructions - Oregon Department Of Revenue
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1INSTRUCTIONS
General information
Line 4. Quarterly tax discount. Multiply the amount on
line 3 by 0.015. This is the 1.5 percent that the distributor
Every distributor who holds a license to distribute other
keeps to recover the costs of reporting and record keeping.
tobacco products in Oregon must file a return. A return
Line 5. Net tax due. Subtract the quarterly tax discount
must be filed even is there is no activity during the report-
amount on line 4 from the net quarterly tax amount on
ing period. Products that are taxed under the Other To-
line 3.
bacco Products Tax include cigars, smoking and chewing
tobacco, and snuff. Quarterly returns are due on or before
Line 6. Penalty and interest. A penalty is imposed if you
the last day of January, April, July, and October of each
mail your return and pay the tax after the due date. The
year for the preceding calendar quarter.
penalty is 5 percent of the unpaid tax. If you file more than
three months after the due date, add an additional pen-
New information for 2002
alty of 20 percent of the unpaid tax.
Tax on Cigars Limited to 50 cents
Interest is imposed on any unpaid tax from the due date
until the date payment in full is received. The interest rate
For reporting periods beginning on or after January 1,
is 10 percent annually, or 0.8333 percent per month (0.0274
2002, the tax on cigars continues at 65 percent of the
percent per day) through January 31, 2002. The rate in ef-
wholesale price, but a new maximum tax of 50 cents per
fect for interest periods beginning on or after February 1,
cigar goes into effect. This change applies only to cigars,
2002 will be 8 percent annually, or 0.6667 percent per
not to any other type of tobacco product. The change ap-
month (0.0219 percent per day). The interest rate may
plies only to product that is included in a return for peri-
change once a calendar year.
ods beginning on or after January 1, 2002. Thus, the tax
on cigars in ending inventory on December 31, 2001 is not
Line 7. Total amount due. Add amounts on lines 5 and 6.
limited to 50 cents.
Sign and date your return. Please do not use red ink or
New schedules for this year. Schedules 1 and 2, form
staple your check or money order to this return.
number 150-605-004-1, must be filled out before filling out
Mail this return with your check payable to:
the Quarterly Tobacco Tax Return. Schedule 1 computes
the quarterly tax for the period. Schedule 2 computes the
Tobacco Tax
amount of available tax credit for the period.
Oregon Department of Revenue
PO Box 14110
What is the applicable law? This publication is not a com-
Salem OR 97309-0910
plete statement of Oregon laws. For more information
refer to the laws and rules, Oregon Revised Statutes (ORS)
Please keep a copy of your completed form with your
323.500 through 323.995.
records.
Instructions
Taxpayer assistance
Complete Schedules 1 and 2 before filling out the Quar-
For assistance, contact the Oregon Department of Revenue.
terly Tax Return.
Telephone: Salem ........................................... 503-945-8120
Quarterly Tobacco Tax Return instructions
Toll-free in Oregon ................. 1-800-356-4222
Please review the preprinted information at the top of
Internet ......
your form for accuracy. Make corrections if needed.
¿Habla español? Línea de mensaje. Las personas que
Line 1. Quarterly Tobacco Tax. Enter the amount from
necesitan asistencia en español pueden dejar un mensaje.
Schedule 1, line 7.
El número disponible todo el año en Salem es 503-945-8618.
Line 2. Tax credit. Enter the amount from Schedule 2, line
A message line is available all year for those who need as-
12. Credits are a reduction for the current quarter. Attach
sistance in Spanish. The number in Salem is 503-945-8618.
an affidavit from the supplier showing receipt of any
products returned to suppliers as unsalable.
TTY (hearing or speech impaired only). These numbers
are answered by machine only and are not for voice use.
Line 3. Net quarterly tax. Subtract the credit amount on
The toll-free number within Oregon is 1-800-886-7204. In
line 2 from the purchase amount on line 1. The net quar-
Salem the number is 503-945-8617.
terly tax amount cannot be less than zero. If amount on
line 2 is in excess of line 1, carry excess amount forward
Americans with Disabilities Act (ADA). In compliance
to the next quarterly return and enter on Schedule 2, line
with the ADA, this information is available in alternative
11.
formats upon request. The toll-free number within Ore-
gon is 1-800-356-4222. In Salem, call 503-378-4988.
150-605-004 (Rev. 2-02)
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