305.222, from the time when the tax became due and payable, until the date of payment. ����� (7) If the tax has not been determined, a deposit may be made to avoid interest. Should the amount of such

305.222, from the time when the tax became due and payable, until the date of payment.

����� (7) If the tax has not been determined, a deposit may be made to avoid interest. Should the amount of such payment exceed the sum subsequently determined to be due, the Department of Revenue shall refund the excess with interest at the rate established under ORS 305.220 for a period beginning 45 days after the due date of the return or on the date that the return is filed, whichever is later, and ending at the time the refund is made.

����� (8) Payments made on the tax shall be applied first to penalty and interest and then to the principal.

����� (9) For purposes of this section, the amount of tax required to be shown on the return shall be reduced by the amount of any part of the tax which is paid on or before the date prescribed for payment of the tax and by the amount of any credit against the tax which may be lawfully claimed upon the return. [Amended by 1971 c.732 �2; 1973 c.332 �1; 1975 c.593 �2; 1977 c.666 �13b; 1982 s.s.1 c.16 �3; 1993 c.726 �1; 1997 c.99 �12; 2011 c.526 �11; 2017 c.182 �1; 2017 c.278 �2]

����� 118.265 Application for determination of tax due; discharge from personal liability; rules. (1) If the executor or trustee of an estate makes a written application to the Department of Revenue for a determination of the tax due under this chapter and discharge from personal liability therefor, the department shall notify the executor or trustee of the amount of tax due under this chapter. The department shall give this notice:

����� (a) As soon as possible, and in any event within 18 months of the application; or

����� (b) If the application is made before the return is filed, by the earliest of the following:

����� (A) Eighteen months after the return is filed.

����� (B) The expiration of the period prescribed for the assessment of the tax under ORS