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<p class="MsoNormal"><span style="color:black">Registration for Oregon’s new Corporate Activity Tax (CAT) is now open through the Department of Revenue’s Revenue Online system found at<span class="apple-converted-space"> </span><a href="https://www.oregon.gov/DOR/Pages/index.aspx"><span style="color:#954F72">www.oregon.gov.dor</span></a>.</span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
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<span style="color:black"> </span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
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<span style="color:black">The new law requires businesses with Oregon commercial activity in excess of $750,000 to register for the Corporate Activity Tax. Once they reach that threshold businesses must register within 30 days. Some businesses could reach the
threshold early in January, while others might not top that mark until much later in the year.</span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
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<span style="color:black"> </span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
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<span style="color:black">However, numerous participants in the agency’s 12-meeting statewide stakeholder input tour in September and October indicated a desire to register as soon as possible.</span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
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<span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">To register, individuals doing business in Oregon will need their name, and their social security number or individual taxpayer identification number. Businesses will need their legal name and federal employer
identification number.<span class="apple-converted-space"> </span></span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
<p class="ms-rteelement-p" style="margin:0in;margin-bottom:.0001pt;background:white">
<span style="font-size:12.0pt;color:black">Businesses and individuals will need:</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:black"><o:p></o:p></span></p>
<ul style="margin-top:0in" type="disc">
<li class="ms-rteelement-p" style="color:black;margin-top:0in;margin-bottom:0in;margin-bottom:.0001pt;mso-list:l0 level1 lfo1;background:white">
Their mailing address;<span style="font-size:12.0pt;font-family:"Times New Roman",serif"><o:p></o:p></span></li><li class="ms-rteelement-p" style="color:black;margin-top:0in;margin-bottom:0in;margin-bottom:.0001pt;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:12.0pt">The date they exceeded or expect to exceed $750,000 in Oregon commercial activity;</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif"><o:p></o:p></span></li><li class="ms-rteelement-p" style="color:black;margin-top:0in;margin-bottom:0in;margin-bottom:.0001pt;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:12.0pt">A valid email address or current Revenue Online login, and;</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif"><o:p></o:p></span></li><li class="ms-rteelement-p" style="color:black;margin-top:0in;margin-bottom:0in;margin-bottom:.0001pt;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:12.0pt">Their Business Activity Code (Refer to the current list of North American Industry Classification System codes found with their federal income tax return instructions.)</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif"><o:p></o:p></span></li></ul>
<p class="ms-rteelement-p" style="margin-bottom:0in;margin-bottom:.0001pt;background:white;caret-color: rgb(0, 0, 0);font-variant-caps: normal;orphans: auto;text-align:start;widows: auto;-webkit-text-size-adjust: auto;-webkit-text-stroke-width: 0px;background-position:initial initial;background-repeat:initial initial;word-spacing:0px">
<span style="font-size:12.0pt;color:black">The Oregon Legislature created the Corporate Activity Tax in House Bills<span class="apple-converted-space"> </span><a href="https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/HB3427"><span style="color:#954F72">3427</span></a><span class="apple-converted-space"> </span>and<span class="apple-converted-space"> </span><a href="https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/HB2164"><span style="color:#954F72">2164</span></a><span class="apple-converted-space"> </span>during
the 2019 session.</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:black"><o:p></o:p></span></p>
<p class="ms-rteelement-p" style="margin-bottom:7.5pt;background:white"><span style="font-size:12.0pt;color:black">The CAT is imposed on businesses for the privilege of doing business in Oregon. It applies to all business entities including those located inside
and outside of Oregon. The CAT is not an income tax or a transactional tax, such as a retail sales tax. It is measured on a business’s <strong><span style="font-family:"Calibri",sans-serif;font-weight:normal">commercial activity</span></strong>—the total amount
a business realizes from transactions and activity in Oregon.</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="caret-color: rgb(0, 0, 0);font-variant-caps: normal;orphans: auto;text-align:start;widows: auto;-webkit-text-size-adjust: auto;-webkit-text-stroke-width: 0px;word-spacing:0px">
<span style="color:black">Businesses with taxable commercial activity in excess of $1 million must pay the Corporate Activity Tax.<span class="apple-converted-space"> </span>The tax is $250 plus 0.57 percent of gross receipts greater than $1 million after subtractions.</span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
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<span style="color:black"> </span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="caret-color: rgb(0, 0, 0);font-variant-caps: normal;orphans: auto;text-align:start;widows: auto;-webkit-text-size-adjust: auto;-webkit-text-stroke-width: 0px;word-spacing:0px">
<span style="color:black">More information about the Corporate Activity Tax is available on the Department of Revenue’s<span class="apple-converted-space"> </span><a href="https://www.oregon.gov/DOR/Pages/index.aspx"><span style="color:#954F72">website</span></a>.
It includes a list of frequently asked questions and a form to sign-up for email updates on the CAT. Stakeholders can direct<span class="apple-converted-space"> </span>questions or comments about the CAT via email to<span class="apple-converted-space"> </span><a href="mailto:cat.help.dor@oregon.gov" title="mailto:cat.help.dor@Oregon.gov"><span style="color:#954F72">cat.help.dor@oregon.gov</span></a><span class="apple-converted-space"> </span>or
call 503-945-8005.</span><span style="font-family:Times;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
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