Department of Revenue
Chapter 150
Division 317
CORPORATION EXCISE TAX ACT OF 1929: RULES AND GENERAL PROVISIONS
150-317-1410
Motor Vehicle Resale Certificate – Documentation Required
(1) Definition. For the purposes of this rule, “new vehicle” has the definition given to it in 15 U.S.C. Section 2821(8).
(2) Receipts from the sale or transfer of a motor vehicle between motor vehicle dealers are excluded from commercial activity, provided that the transfer occurs for the purpose of resale and is based on the transferee’s need to meet a specific customer’s preference or the transfer is of a new vehicle between franchised dealerships.
(3) Motor vehicle dealers excluding receipts from the sale or transfer of a motor vehicle between dealers for resale to meet a specific customer’s preference must retain a resale certificate documenting the excluded transaction provided under ORS 317A.100(1)(b)(W). A resale certificate is not required for transfers of new vehicles between franchised dealerships.
(4) Any document provided before or at the time the seller bills the purchaser may serve as a resale certificate if it contains the following information:
(a) The seller’s name, address, federal identification number, and dealer license number from the appropriate licensing jurisdiction;
(b) The purchaser’s name, address, federal identification number, and dealer license number from the appropriate licensing jurisdiction;
(c) A description of the vehicle, including the vehicle identification number, serial number, or other identifying number, and the make, model, and year of the vehicle;
(d) A statement, signed by the purchaser, their employee, or authorized representative, affirming that the vehicle described in the document is purchased or transferred for resale to meet a specific customer’s preference; and
(e) The date ownership of the vehicle is transferred.
Statutory/Other Authority: ORS 305.100 & 317A.143
Statutes/Other Implemented: ORS 317A.100(1)(b)(W)
History:
REV 17-2021, amend filed 12/15/2021, effective 01/01/2022
REV 11-2020, adopt filed 06/24/2020, effective 06/28/2020
REV 2-2020, temporary adopt filed 01/27/2020, effective 02/01/2020 through 07/29/2020