COVID-19 Relief Available for Second Quarter Corporate Activity Tax Payments

As the deadline approaches to make estimated Corporate Activity Tax (CAT) payments for the second quarter, the Oregon Department of Revenue reminds taxpayers of relief available to those businesses negatively affected by the COVID-19 pandemic.

As adopted in administrative rule 150-317-1500, the department will honor a business taxpayer’s good-faith efforts to comply with the CAT and not assess penalties if they document their efforts to comply, including how COVID-19 has impacted their business.

Revenue offers online resources to help businesses register for CAT
The Department of Revenue reminds business taxpayers and tax preparers that it has on-line resources to help businesses who 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. 

Special session changes to the CAT
 In its recent special session, the Oregon Legislature made a series of clarifications to the Student Success Act, which governs the Corporate Activity Tax (CAT). Governor Brown signed House Bill 4202 into law June 30, 2020.

You can find a brief overview of some of the key technical and policy clarifications in the bill at the link below.

Frequently asked questions
Basic information on the Corporate Activity Tax

Beyond the FAQ
High-level summaries of the rules and topics to help with taxpayer compliance

Oregon Department of Revenue updates
Sign up for updates on the CAT and other important topics

Follow us on Twitter @ORRevenue

Submitted by Oregon Department of Revenue

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