CAT REGISTRATION DEADLINE IS NOVEMBER 15, 2005
Outline available through OABA
This is a repeat of the article which appeared in the last OABA News & Notes. We want to remind you again of the importance of determining whether you need to register before the November 15th deadline. Also the state has set up a CAT information and response telephone team to answer questions you might have about the registration process or specific situations you might have - Call (800) 282-1780 and follow the prompts.
With the passage of the Commercial Activity Tax (CAT) legislation, signed into law June 30, 2005, comes some new responsibilities, obligations and procedures.
Hopefully you have already discussed the issue thoroughly with your CPA, but if you haven't, do so immediately. One of the first obligations you have is to determine whether you need to register with the state before November 15, 2005.
Combs & Company, the Association's accounting firm and an OABA member, has prepared a basic outline on the above mentioned procedure. If you would like a copy emailed, faxed or mailed to you, contact Gary king at
gking@oaba.net or (614) 326-7520.