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ODR: Rules for Oregon’s new Corporate Activity Tax (CAT)

The Oregon Department of Revenue has posted a schedule of public meetings on its website. These meetings are intended to provide information to business taxpayers and tax professionals about the recently-adopted Temporary administrative rules for Oregon’s new Corporate Activity Tax (CAT). We encourage all business owners who anticipate having more than $1 million in gross receipts to learn about this new tax system in Oregon, which will not only apply to corporations.

They have also posted new FAQ’s on their website relating to how the CAT will apply to: (1) wholesale sales made for resale outside of Oregon and (2) the retail and wholesale sale of groceries.

The schedule of meetings is located here: https://www.oregon.gov/DOR/programs/businesses/Documents/MarchEducationTourSchedule.pdf

The Department’s page on the CAT is located here: https://www.oregon.gov/DOR/programs/businesses/Pages/corporate-activity-tax.aspx

If you have any questions about how this new tax will apply to you, please contact Valerie Sasaki at 503-226-2966.

Valerie Sasaki specializes in jurisdictional tax consulting, working closely with Fortune 50 companies involved in audits before the Oregon or Washington Departments of Revenue. She also works with business owners on tax, business, and estate planning issues in Oregon or Southwest Washington.