PORTLAND GEN. ELECT. CO. v. DEPT. OF REV., 7 OTR 444 (1978)

PORTLAND GENERAL ELECTRIC COMPANY v. DEPARTMENT OF REVENUE In the Oregon Tax Court. May 9, 1978. Interest — Compensation for use of money — In general 1. “Interest” means compensation for the use or forbearance of another’s money. Taxation — Refunding taxes paid 2. Since ORS 311.812(3) requires the government to pay interest on property […]

Read More