Oregon Gross Receipts Tax- Update 8.28.19

Last week, SGA received some clarification regarding the Oregon Commercial Activities Tax (CAT), the recently passed gross receipts tax that we told you about earlier this summer.

Oregon Department of Revenue (ODOR) hosted a two-hour webinar to discuss the tax.  The following information is what we now have available to pass along to you. In review, the Oregon legislature passed...

Extension Deadlines

Greetings!

Although the original tax filing deadline has come and gone, extension deadlines will be here before you know it. As you know, your returns are currently on extension.

If you have provided us all the information to complete your returns, thank you! We'll be in touch soon with any additional questions we may have prior to finishing your returns.

However, if...

UPDATE- Oregon Gross Receipts Tax

We wanted to update you on a recent development in Oregon’s gross receipts tax.

Several weeks ago, we notified you regarding a bill that had passed the Oregon legislature which levies a gross receipts tax on businesses with gross receipts over $1 million.  The tax is $250 plus 0.57% of sales over that $1 million mark.  A subtraction of 35% of the greater of labor costs...