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Tax Archives | Delap CPA

03 Jan

The SECURE Act: What You Need to Know

January 3, 2020 | By | No Comments

You may have missed the news—buried in a much bigger federal spending bill and passed in the thick of the holiday season—but after months of nearly bringing it to the finish line, it’s now official: On Friday, December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. The […]

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10 Dec

Registration is Now Open for the Oregon Corporate Activity Tax (CAT)

December 10, 2019 | By | No Comments

CATXRegistration for Oregon’s new Corporate Activity Tax is now open through the Department of Revenue’s Online system found at The new law requires businesses with Oregon commercial activity in excess of $750,000 to register for the Corporate Activity Tax. Once they reach that threshold businesses must register within 30 days. To register: Individuals doing […]

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08 Dec

Additional Guidance on the Oregon Corporate Activity Tax (CAT)

December 8, 2019 | By | No Comments

On May 16, 2019, Governor Kate Brown signed “The Student Success Act” that enacted Oregon’s Corporate Activity Tax (CAT) into law. The CAT rate of 0.57% will be applied to the net Oregon Commercial Activity. Oregon gross receipts delivered to or benefit received in Oregon less: the greater of 35% of apportioned cost inputs or […]

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05 Nov

Oregon Kicker Details Announced

November 5, 2019 | By | No Comments

UPDATE: The Oregon Office of Economic Analysis (OEA) has issued an updated certification and announced that the kicker rate is now 17.171 percent. This is an increase from 16 percent, the rate OEA first released in October. The State of Oregon has confirmed that there was tax surplus of more than $1.5 billion. Therefore, there […]

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30 Sep

Oregon Corporate Activity Tax (CAT) Update

September 30, 2019 | By | No Comments

There is still an incredible amount of uncertainty surrounding the Oregon Corporate Activity Tax (CAT).  While many answers remain unknown, here’s an update to clarify some of the questions we’ve been hearing: Businesses are not required to register for the CAT until they reach $750,000 in Oregon Commercial Activity Registration will be required annually Commercial […]

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