New Statewide Transit Tax

New Statewide Transit Tax

As a result of the 2017 legislative session, effective July 1, 2018, all employers in Oregon are required to withhold, report and remit one-tenth of one percent (.001%) of wages paid to their employees to the Department of Revenue. The term “employee” is defined as those who are residents and those non-residents performing services within Oregon.

The Department of Revenue will automatically set up a “statewide transit tax account” in Revenue Online. This will appear to all employers prior to the end of the 3rd quarter of the 2018 tax year.

You can find additional information on the statewide transit tax at If you have further questions, do not hesitate to contact my office for assistance.

Jonathan Mishkin


Related Blog Posts

Qualified Business Income (Pass-Through) Under the Newly Enacted Tax Law

Just before Christmas, President Trump signed legislation providing a significant new tax deduction taking effect in 2018. This should provide a substantial tax benefit to individuals ...

New 20% Deduction Available For “Qualified Business Income” (“Pass-Through” Income)

There is a significant new tax deduction that provides a substantial tax benefit to individuals with "qualified business income" from a partnership, S corporation, LLC, ...

Considerations for Utilizing C Corporations Under New Tax Law

While the reduced 21% tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been wonderful news for these entities and ...