Current through Register Vol. 61, No. 4, April 1, 2022
(1) If two or more entities file a single
Corporate Activity Tax (CAT) return as a unitary group, as described in ORS
317A.100(19), each shall be jointly and severally liable for the filing and
payment of the estimated tax liability. Estimated tax payments shall be made on
a combined basis.
for an explanation of how to compute an underpayment of estimated
tax for entities filing a single CAT return as a unitary group.
Persons that are required to apportion
the amount of the cost input or labor cost subtraction under ORS 317A.119
between Oregon and other states, are required to use either the current
period's actual or the prior full-year's apportionment factor, as calculated
under OAR 150-317-1200
, to meet the annualization exception to underpayment of
estimated taxes. The prior year's apportionment factor may only be used if the
prior year's return covered a full 12 months.
Admin. R. 150-317-1320
temporary adopt filed 12/30/2019, effective 01/01/2020 through 06/28/2020;
11-2020, adopt filed 06/24/2020, effective
Statutory/Other Authority: ORS
Statutes/Other Implemented: ORS 314.5050,
317A.106, 317A.113, 317A.137 &