Oregon Closing Agreement

• Category: Corporations - Public
• State: Multi-State
• Control #: US-EG-9432
• Format: Word; Rich Text

Description

Closing Agreement between NetRatings, Inc. and Nielsen Media Research, Inc. setting forth the closing procedures for additional investments dated December 21, 1999. 2 pages. The Oregon Closing Agreement is a legal document that serves as a written commitment between the Oregon Department of Revenue (FOR) and a taxpayer to resolve any tax-related disputes. This agreement effectively closes the audit process and prevents future legal actions or disagreements regarding the specified tax issues. With the aim of achieving finality and certainty, the Oregon Closing Agreement outlines the terms and conditions that both parties agree upon. There are various types of Oregon Closing Agreements that taxpayers may enter into, depending on the nature of the tax issues being resolved: 1. Income Tax Closing Agreement: This type of agreement is specifically designed to settle income tax-related disputes between the FOR and taxpayers. It covers matters such as taxable income, deductions, credits, and other income tax-related topics. 2. Sales Tax Closing Agreement: In cases where a taxpayer faces disputes or discrepancies related to sales tax, the Sales Tax Closing Agreement is utilized to resolve these issues. It focuses on clarifying the sales tax liability, exemption eligibility, and related matters. 3. Property Tax Closing Agreement: Property tax disputes can be settled through this type of agreement. It typically involves resolving concerns regarding the valuation of real property, assessment procedures, exemptions, and any other property tax-related matters. 4. Payroll Tax Closing Agreement: The Payroll Tax Closing Agreement is employed to address disputes or discrepancies related to payroll taxes. It covers topics like employee classification, wage deductions, employment tax liability, and compliance with payroll tax laws. 5. Excise Tax Closing Agreement: For taxpayers who encounter disputes related to excise taxes, such as fuel tax, tobacco tax, or alcohol tax, the Excise Tax Closing Agreement is used to resolve these issues. It addresses concerns regarding the calculation, reporting, and payment of excise taxes. These various types of Oregon Closing Agreements offer taxpayers a structured framework to settle their tax disputes in a mutually acceptable manner. The agreements provide a means for taxpayers to achieve finality, avoid costly legal battles, and foster a cooperative relationship with the FOR. By entering into a Closing Agreement, individuals and businesses can ensure compliance with Oregon tax laws while effectively resolving any tax-related concerns.

The Oregon Closing Agreement is a legal document that serves as a written commitment between the Oregon Department of Revenue (FOR) and a taxpayer to resolve any tax-related disputes. This agreement effectively closes the audit process and prevents future legal actions or disagreements regarding the specified tax issues. With the aim of achieving finality and certainty, the Oregon Closing Agreement outlines the terms and conditions that both parties agree upon. There are various types of Oregon Closing Agreements that taxpayers may enter into, depending on the nature of the tax issues being resolved: 1. Income Tax Closing Agreement: This type of agreement is specifically designed to settle income tax-related disputes between the FOR and taxpayers. It covers matters such as taxable income, deductions, credits, and other income tax-related topics. 2. Sales Tax Closing Agreement: In cases where a taxpayer faces disputes or discrepancies related to sales tax, the Sales Tax Closing Agreement is utilized to resolve these issues. It focuses on clarifying the sales tax liability, exemption eligibility, and related matters. 3. Property Tax Closing Agreement: Property tax disputes can be settled through this type of agreement. It typically involves resolving concerns regarding the valuation of real property, assessment procedures, exemptions, and any other property tax-related matters. 4. Payroll Tax Closing Agreement: The Payroll Tax Closing Agreement is employed to address disputes or discrepancies related to payroll taxes. It covers topics like employee classification, wage deductions, employment tax liability, and compliance with payroll tax laws. 5. Excise Tax Closing Agreement: For taxpayers who encounter disputes related to excise taxes, such as fuel tax, tobacco tax, or alcohol tax, the Excise Tax Closing Agreement is used to resolve these issues. It addresses concerns regarding the calculation, reporting, and payment of excise taxes. These various types of Oregon Closing Agreements offer taxpayers a structured framework to settle their tax disputes in a mutually acceptable manner. The agreements provide a means for taxpayers to achieve finality, avoid costly legal battles, and foster a cooperative relationship with the FOR. By entering into a Closing Agreement, individuals and businesses can ensure compliance with Oregon tax laws while effectively resolving any tax-related concerns.