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<p class="MsoNormal"><span style="font-size:10.5pt">Good morning,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt">Oregon’s new Corporate Activity Tax 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 may have reached the threshold early in January, while others might not top that mark until much later in the year.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt">Businesses that realized $750,000 in Oregon commercial activity on Jan. 1 must register by Jan. 31. Those businesses that crossed the $750,000 threshold in the days that followed will need to register in early
February.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt">Registration opened Dec. 4 and more than 2,600 businesses have already registered<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.5pt;color:black">Automated payments available in February<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Some registered businesses have already expressed an interest in making automated payments now for their first quarter estimated tax liability for the CAT. Direct payments and payments by other
methods are not yet available for the CAT. It is anticipated that direct and automated payment functions will be available through Revenue Online in early February well before the first quarter estimated tax payment deadline of April 30.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="background:white"><b><span style="font-size:10.5pt;color:black">How to register<o:p></o:p></span></b></p>
<p class="MsoNormal" style="margin-bottom:7.5pt;background:white"><span style="font-size:10.5pt;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 entity’s legal name and federal employer identification number.
<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:7.5pt;background:white"><span style="font-size:10.5pt;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;margin-bottom:7.5pt;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:10.5pt">Their mailing address;<o:p></o:p></span></li><li class="MsoNormal" style="color:black;margin-bottom:7.5pt;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:10.5pt">The date they exceeded or expect to exceed $750,000 in Oregon commercial activity;<o:p></o:p></span></li><li class="MsoNormal" style="color:black;margin-bottom:7.5pt;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:10.5pt">A valid email address or current Revenue Online login, and;<o:p></o:p></span></li><li class="MsoNormal" style="color:black;margin-bottom:7.5pt;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:10.5pt">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></span></li></ul>
<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Taxpayers don’t need a Revenue Online account to register for the CAT. Those who have Revenue Online accounts can’t be logged in to register for the CAT. Instead, they should go directly to the
CAT webpage and click on the “Register for the CAT” link on the right-hand side of the page.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt;color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.5pt;color:black">More information
<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:10.5pt;color:black">To learn more about the CAT go to the Department of Revenue’s website at
</span><span style="font-size:10.5pt"><a href="http://www.oregon.gov/dor"><span style="color:#0563C1">www.oregon.gov/dor</span></a><span style="color:black"> for list of frequently asked questions and a form to sign-up for email updates. Stakeholders can direct</span>
questions or comments about the CAT via email to <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> or call 503-945-8005.<span style="color:black"><o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt">Thank you,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.5pt;color:#336699">Corporate Activity Tax Policy Team<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:10.5pt;color:black">Oregon Department of Revenue<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><a href="mailto:cat.help.dor@Oregon.gov"><span style="color:blue">cat.help.dor@Oregon.gov</span></a><span style="color:black"><o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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