OREGON CORPORATE ACTIVITY TAX
On May 16, 2019, Oregon Governor Kate Brown signed into law House Bill 3427, which established an annual Corporate Activity Tax (CAT) based on commercial activity conducted by businesses, effective for tax years beginning on January 1st, 2020. The CAT is $250 plus 0.57% on a taxpayer’s Oregon-sourced taxable commercial activity above $1 million and would be imposed in addition to the corporate income and excise tax already imposed by the state.
We have considered the impact on our business and how to recover the additional annual expense. In an effort for transparency, we have opted to add a surcharge on all invoices related to Oregon sourced business rather than hide this charge in a sales price increase.
As your preferred total fleet care provider, Pacific Service Center will continue to deliver great service to you. Pacific Service Center appreciates your business.
For more information on the CAT, please visit: