Or. Admin. Code § 150-320-0420

Current through Register Vol. 63, No. 12, December 1, 2024

Section 150-320-0420 - Resale Certificate-Documentation Required

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.

Or. Admin. Code § 150-320-0420

REV 79-2017, temporary adopt filed 12/28/2017, effective 01/01/2018 through 06/29/2018; REV 10-2018, adopt filed 06/01/2018, effective6/2/2018

Statutory/Other Authority: ORS 305.100, 320.425 & 320.480

Statutes/Other Implemented: ORS 320.425