Oregon Cat Tax Due Dates

(2) every person required to file an oregon corporate activity tax (cat) return and expecting to have a tax liability of $5,000 or more must make estimated tax payments.

Oregon cat tax due dates. The oregon legislature recently approved legislation, senate bill 164, that modifies certain provisions of the corporate activity tax (cat) law. Going forward, fiscal filers must submit their cat returns no. By july 31, 2020, those with substantial nexus with oregon and an annual cat liability exceeding $10,000 must pay 25% of their cat liability for the 2020 calendar year.

Guidance will also be available on our cat beyond the faq webpage. The cat is a calendar year tax and is effective beginning january 1, 2020, with the first corporate activity tax return due april 15, 2021. This is in addition to the 5 percent quarterly underpayment penalties.

Return calculations will need to be prorated accordingly. 01) 20590001020000 0.35 250.00 0.0057. February 1 — fourth quarter 2020 cat estimated payments due.

Oregon cat filing dates for 2022 have changed. Only taxpayers with more than $1 million of taxable oregon commercial activity will have a payment obligation. What happens when the due date for the estimated tax falls on a weekend?

Recall, the cat became effective january 1, 2020 and the extended cat return due date is october 15, 2021. On may 16, 2019, oregon governor kate brown (d) signed house bill 3427 (h.b. February 1 — fourth quarter 2020 cat estimated payments due.

1 intended to raise approximately $1 billion in new annual revenue, 2 the oregon cat will go into effect for tax years beginning on or after january 1, 2020 3 and will apply in addition to oregon’s existing taxes. April 30 — first quarter 2021 cat estimated payments due. Taxpayers using a fiscal calendar for income tax purposes (and whose calendar year began during 2021) are required to file a 2021 short year return no later than april 15th, 2022.