Add Formulas and Calculations Legal Oregon Commercial Property Sale Forms For Free

Oregon offers attractive tax advantages for small businesses compared to its neighbors like California and Washington. Small businesses in Oregon generally face a corporate excise tax, which starts at 6.6% on income up to $1 million and increases to 7.6% on income exceeding $1 million.

The Minimum Corporate Income Tax (MCIT) was reduced to 1% from July 1, 2020, to June 30, 2023, under CREATE and RR No. 5-2021. This indicates that the MCIT for corporations will return to its previous 2% rate as of July 1, 2023.

Apportionable income is apportioned to Oregon by multiplying the income by a multiplier equal to Oregon sales and other receipts as determined by Schedule OR-AP, part 1, divided by total sales and other receipts from the federal return (ORS 314.650).

Oregon's Corporate Income and Excise taxes have a two-tiered structure, applying a 6.6% rate to taxable income up to $1 million, and a 7.6% rate to taxable income above $1 million; the threshold is not indexed for inflation.

Oregon REALTORS® forms are available on Dotloop, SkySlope, and Transactions (zipForm Edition). If you already have an account with one of these platforms, you do not need to create a new account. Simply login to your account and add the Oregon REALTORS® forms library.

Oregon has a single sales factor corporate apportionment formula. Business income is multiplied by 100% of the sales factor. Register for a complimentary trial to unlock this document, plus gain access to so much more, including: Expert insights into the industry's hottest topics.

Amendments to Form AP are required to correct information that was incorrect at the time the Form was filed or to provide information that was omitted from the Form and was required to be provided at the time the Form was filed.

FORM AP. Page 1. FORM AP. AUDITOR REPORTING OF CERTAIN AUDIT PARTICIPANTS. Registered public accounting firms must report information about certain participants in the audit and any amendments thereto to the PCAOB by completing and submitting this Form ing to the instructions to Form AP.

A Form AP, to be timely, must be filed within 35 days after the date the audit report is first included in a document filed with the SEC, except that in an IPO situation the Form AP must be filed within 10 days after the audit report is first included in a document filed with the SEC.