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The Oregon Ds1 form serves as a crucial tool for direct shippers of cider and wine, ensuring compliance with state regulations while facilitating tax reporting. This form captures essential information such as the name and address of the licensee, the month and year of the report, and the OLCC license number. It requires detailed entries regarding the quantities of cider and wine shipped to Oregon residents, categorized by alcohol content. The form also outlines the process for calculating taxable products, authorized deductions, and the total taxable distribution. Tax rates for different types of beverages are specified, along with the total tax due. Additional sections address penalties for late submissions, interest on delinquent taxes, and any necessary audit adjustments. Completing the Ds1 form accurately is vital, as it not only reflects the licensee's shipping activities but also ensures adherence to the Oregon Liquor Control Commission's guidelines. Failure to submit the report by the 20th of each month can lead to financial penalties, underscoring the importance of timely and precise reporting.

Common mistakes

  1. Incorrect Address Information: It's crucial to provide the physical address of the licensed premise. Many people mistakenly enter their mailing address instead. This can lead to delays or complications with the report.

  2. Missing or Incorrect OLCC License Number: Always double-check your OLCC license number. An incorrect or missing number can result in your report being rejected or returned.

  3. Failure to Calculate Tax Properly: Ensure you accurately complete the calculations for taxable products and deductions. Errors in these calculations can lead to underreporting or overreporting taxes owed.

  4. Omitting Required Certification: The certification section must be filled out completely. Many forget to sign or provide their printed name, which is essential for the validity of the report.

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Listed Questions and Answers

What is the purpose of the Oregon DS1 form?

The Oregon DS1 form, known as the Direct Shipper Statement, is used by licensed direct shippers to report the shipment of cider and wine to residents within Oregon. This form ensures compliance with state tax regulations by detailing the taxable products shipped, authorized deductions, and the total tax owed. Submitting this form helps maintain transparency and accountability in the distribution of alcoholic beverages.

Who is required to file the Oregon DS1 form?

All direct shippers licensed by the Oregon Liquor Control Commission (OLCC) must file the DS1 form. This includes businesses that ship cider and wine directly to consumers in Oregon. Each licensed entity must submit a report monthly, ensuring that they accurately report all taxable products shipped during that period.

What are the key components of the DS1 form?

The DS1 form includes several important sections:

  1. Taxable Product Shipped: This section captures the total amount of cider and wine shipped to Oregon residents.
  2. Authorized Deductions: Here, shippers can list any deductions they are entitled to claim.
  3. Total Taxable Distribution: This is calculated by subtracting authorized deductions from the taxable product shipped.
  4. Tax Rates: The form specifies the current tax rates for different types of wine and cider.
  5. Total Tax and Other Adjustments: This section summarizes the total tax owed, including any penalties or interest for late payments.

When is the Oregon DS1 form due?

The completed DS1 form must be postmarked by the 20th day of the month following the reporting period. If the 20th falls on a weekend or holiday, the form should be sent on the next business day. Timely submission is crucial to avoid penalties and interest charges on delinquent tax payments.

What happens if the DS1 form is filed late?

If the DS1 form is not filed by the due date, a penalty of 10% of the delinquent tax will be assessed. Additionally, interest at a rate of 1% per month or fraction thereof will accrue on the unpaid tax. Late filing can lead to increased costs and potential compliance issues, so it is essential to submit the form on time.

Form Specifications

Fact Name Details
Purpose The Oregon DS1 form is used to report the tax on cider and wine shipped directly to residents in Oregon.
Filing Deadline Reports must be postmarked by the 20th of the month following the reporting period to avoid penalties.
Tax Rates The current tax rates are $2.60 for cider, $0.67 for wine under 14%, and $0.77 for wine over 14%.
Governing Laws The form is governed by the Oregon Liquor Control Commission regulations.
Certification Requirement The form requires a certification statement from the licensee's official position to ensure accuracy and completeness.