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<p class="MsoNormal">Dear Corporate Activity Tax stakeholder:<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:black">General guidance on how to calculate a business’s Corporate Activity Tax (CAT) liability has been added to the FAQ on the CAT page of the Oregon Department of Revenue’s website at
</span><a href="http://www.oregon.gov/dor">www.oregon.gov/dor</a><span style="color:black">.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:black">The guidance uses two hypothetical examples and includes what information a business will need to figure its CAT liability and how to use the labor or cost subtraction.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:black">Three other new frequently asked questions and answers have been added to the CAT page. The CAT FAQ includes high level summaries of the first rules and topics which will help taxpayers comply with the law.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">The subjects covered by the new FAQ are:<o:p></o:p></span></p>
<ul type="disc">
<li class="MsoNormalCxSpMiddle" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-add-space:auto;mso-list:l0 level1 lfo1">
Are motor vehicle dealer trades excluded from the CAT? <o:p></o:p></li><li class="MsoNormalCxSpMiddle" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-add-space:auto;mso-list:l0 level1 lfo1">
Can I pass the CAT on to my customers?<o:p></o:p></li><li class="MsoNormalCxSpMiddle" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-add-space:auto;mso-list:l0 level1 lfo1">
How do I estimate the amount of the CAT attributable to a sale<o:p></o:p></li></ul>
<p class="MsoNormal"><b><span style="color:black">Registration reminder</span></b><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Registration for the CAT opened earlier this month through the Department of Revenue’s Revenue Online system found at
</span><a href="http://www.oregon.gov.dor">www.oregon.gov.dor</a><span style="color:black">.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#0563C1"> </span><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><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. Businesses
can choose to register early.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal" style="background:white"><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. <o:p></o:p></span></p>
<p class="MsoNormal" style="background:white"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal" style="background:white"><span style="color:black">Businesses and individuals will need:<o:p></o:p></span></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNormal" style="color:black;mso-list:l1 level1 lfo2;background:white">
Their mailing address;<o:p></o:p></li><li class="MsoNormal" style="color:black;mso-list:l1 level1 lfo2;background:white">
The date they exceeded or expect to exceed $750,000 in Oregon commercial activity;<o:p></o:p></li><li class="MsoNormal" style="color:black;mso-list:l1 level1 lfo2;background:white">
A valid email address or current Revenue Online login, and;<o:p></o:p></li><li class="MsoNormal" style="color:black;mso-list:l1 level1 lfo2;background:white">
Their Business Activity Code (Refer to the current list of North American Industry Classification System codes found with their federal income tax return instructions.)<o:p></o:p></li></ul>
<p class="MsoNormal" style="margin-left:.5in;background:white"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Those with additional questions are urged to email their questions to
</span><a href="mailto:cat.help.dor@oregon.gov">cat.help.dor@oregon.gov</a><span style="color:black">.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Follow @ORrevenue on Twitter.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Thank you,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="color:#336699">Corporate Activity Tax Policy Team</span></b><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Oregon Department of Revenue<o:p></o:p></span></p>
<p class="MsoNormal"><a href="mailto:cat.help.dor@Oregon.gov">cat.help.dor@Oregon.gov</a><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
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