The Oregon Department of Revenue has determined that certain federal assistance to businesses under the Coronavirus Aid, Relief, and Economic Security (CARES) Act is not commercial activity under Oregon statute and will not be subject to the Corporate Activity Tax.
The Oregon Department of Revenue is providing relief for some taxpayers by waiving underpayment interest for taxpayers whose 2018 Oregon withholding and estimated tax payments were impacted by the federal Tax Cuts and Jobs Act.
