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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">With registration totals for the Corporate Activity Tax (CAT) surpassing 10,000, the Department of Revenue reminds businesses that they are required to register for the CAT within 30 days of
reaching $750,000 in Oregon commercial activity for the year.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Registration opened in early December 2019. First quarter estimated payments for the CAT are due April 30. A summary of resources available on the CAT page of the Revenue
<a href="https://www.oregon.gov/dor/Pages/index.aspx">website</a> to aid taxpayers with registration and estimating quarterly payments are included below.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:black">In addition, a link to the
<a href="https://www.oregon.gov/dor/programs/businesses/Documents/CAT/OutofStateConferenceCall.pdf">
summary of the questions and answers</a> from the CAT policy team’s recent conference call meeting with a group of large out of state and multi-state business taxpayers has been added to the CAT page of the department’s website.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"> </span><o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif">Registration resources</span></b><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">A short CAT registration training document is available on the CAT page of the Revenue
<a href="https://www.oregon.gov/dor/Pages/index.aspx">website.</a><br>
<br>
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.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Businesses and individuals will need:</span><o:p></o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoListParagraphCxSpFirst" style="margin-left:0in;mso-add-space:auto;mso-list:l0 level1 lfo1">
<span style="font-size:12.0pt;line-height:115%">Their mailing address;</span><o:p></o:p></li><li class="MsoListParagraphCxSpMiddle" style="margin-left:0in;mso-add-space:auto;mso-list:l0 level1 lfo1">
<span style="font-size:12.0pt;line-height:115%">The date they exceeded or expect to exceed $750,000 in Oregon commercial activity;</span><o:p></o:p></li><li class="MsoListParagraphCxSpMiddle" style="margin-left:0in;mso-add-space:auto;mso-list:l0 level1 lfo1">
<span style="font-size:12.0pt;line-height:115%">A valid email address or current Revenue Online login, and;</span><o:p></o:p></li><li class="MsoListParagraphCxSpLast" style="margin-left:0in;mso-add-space:auto;mso-list:l0 level1 lfo1">
<span style="font-size:12.0pt;line-height:115%">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><o:p></o:p></li></ul>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">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.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"> </span><o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif;color:black;background:white">First quarter payments</span></b><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:black;background:white">First quarter 2020 estimated payments for the CAT are due by April 30. Taxpayers expecting to owe more than $5,000 of Corporate Activity Tax for the calendar year
must make estimated payments.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:black;background:white"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:black;background:white">The department understands that the COVID-19 pandemic may impact commercial activity, up or down, to an extent that makes it difficult for businesses to estimate
their first payment. The department will not assess underpayment penalties to taxpayers making a good faith effort to estimate their quarterly payments.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:black;background:white"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Taxpayers may demonstrate good faith effort by using the best information available to them at the time to estimate their payment. Taxpayers should document and retain the information they
used to estimate their commercial activity as well as documentation used to show how they calculated their estimated payments.
<span style="color:black;background:white">Taxpayers will not be required to submit this information to the department when they file their return or make estimated payments, but should keep the information in their records.
</span></span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:black;background:white"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:black;background:white">Taxpayers can find guidance about making CAT quarterly payments on the CAT page of the Department of Revenue website. The information now includes a link to a worksheet
for approximating CAT liability and estimated payments. The page also includes links to a video of the presentation made by CAT policy staff during the March CAT update tour, and a PDF file of the PowerPoint presentation used during the tour.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"> </span><o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif">More questions and answers</span></b><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Stakeholders can direct questions or comments about the CAT via email to <a href="mailto:cat.help.dor@oregon.gov?subject=RE:%20">cat.help.dor@oregon.gov</a> or call 503-945-8005.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"> </span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Thank you.</span><o:p></o:p></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="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"> </span><o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Corporate Activity Tax Policy Team</span></b><o:p></o:p></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="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Oregon Department of Revenue</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black"><a href="mailto:cat.help.dor@Oregon.gov" title="mailto:cat.help.dor@Oregon.gov">cat.help.dor@Oregon.gov</a></span><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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