The Oregon Department of Revenue wants to remind business taxpayers and tax preparers that it has on-line resources to help businesses that still need to register for Oregon's new Corporate Activity Tax (CAT).
The CAT applies to all business entity types, such as C and S corporations, partnerships, sole proprietorships, and other entities. Businesses are required to register for the CAT within 30 days of reaching $750,000 in Oregon commercial activity in the calendar year. More than 13,000 business entities have registered for the CAT since registration opened in December 2019.
Registration for the CAT is through Revenue Online. A short CAT registration training document is available on the CAT page of the Revenue website.
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.
Businesses and individuals will need:
- Their mailing address;
- The date they exceeded or expect to exceed $750,000 in Oregon commercial activity;
- A valid email address or current Revenue Online login, and;
- Their Business Activity Code (Refer to the current list of North American Industry Classification System codes found with their federal income tax return instructions.)
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.
Rules hearing Tuesday
In accordance with social distancing measures necessary during the COVID-19 pandemic, the public hearing for the second set of permanent rules for the Corporate Activity Tax will take place via conference call 9 to 11 a.m.Tuesday, June 23.
To participate in the hearing, interested parties should call 541-465-2805 and enter the conference PIN 234470 when prompted. Those wishing to testify at the hearing will need to register beginning at 8:45 a.m. on the conference call line. Those needing to make alternate arrangements for registration should contact the Department of Revenue (DOR) rules coordinator before 8:45 a.m. June 23.
The CAT rules being considered are:
- 150-317-1050 Sourcing of Commercial Activity for Financial Institutions.
- 150-317-1060 Farmer's Sales to Agricultural Cooperatives.
- 150-317-1140 Wholesale Sale of Groceries Exclusion.
- 150-317-1400 Determining Property Resold Out of State and Methods of Determining.
Additional information about the hearing can be found on the administrative rules page of the Revenue website.