Metro Supportive Housing Services Business Income Tax 
                  2022 Form METBIT-20 Business Tax Return for Corporations Instructions  

                                                                  month filing extension already granted. If there is not a tax 
General Information                                               balance due but you would like to file an extension, your 
                                                                  federal extension will serve as your Metro extension and a 
Important Reminders                                               separate Metro  extension  will not need to be submitted. 
                                                                  When filing your return on the extended due date, check the 
Note: S corporations should file METBIT-20S. 
                                                                  “Extension Filed” box on the return. If no extension payment 
File and  Pay  Online and Manage your Business  Tax               was made, please attach a copy of your federal extension 
Accounts at Pro.Portland.gov. Portland Revenue Online             with your return.  
(PRO) allows you to: 
                                                                  Federal and State Tax Pages. Be sure to include copies of 
 •           Register your business tax accounts                  the following  federal  tax pages  (and  statements)  and 
 •           Update your business account information             Oregon tax pages (and statements) with your 2022 Form 
 •           File a Metro business tax return                     METBIT-20 business tax return: 
 •           Make payments 
 •           Upload supporting tax pages and documents            • Oregon Form OR-20 or OR-20-INC (including OR-
 •           View correspondence mailed to you                      AP,  OR-ASC, and any  other Oregon forms  and 
 •           Provide Third-Party Access to your tax preparer        schedules you have filed) with statements 
                                                                  • Federal Form 1120, pages 1-5 
For more  information and  to create your  account, please        • Federal Form 1125-E 
visit Pro.Portland.gov. 
                                                                  Amended Returns 
Businesses  Required  to  File  a  Metro  Supportive 
Housing Services Tax Return. Businesses doing business            To amend your 2022 Form METBIT-20, use the form for the 
in or that have  income from  within the Metro District           tax year being amended and check the “Amended Return” 
jurisdiction who have over $5 million in gross receipts from      box. If the  address for the year you are amending has 
both within and without the Metro’s jurisdiction are required     changed, use your current mailing address, and check the 
to pay a 1% tax on net business income that is apportioned        box indicating the change.  
to the jurisdiction. To determine if an address  is located 
within the Metro tax jurisdiction, utilize the tool available at  Fill in all amounts on your amended return, even if they are 
http://gis.oregonmetro.gov/metromap/.                             the same as originally filed. If you are amending to make a 
                                                                  change to additions, subtractions, or credits, include detail 
Filing Deadline. The filing deadline for this return is April     of all items and amounts as well as any carryovers. Please 
18, 2023.  Since  the  Metro Business Income Tax return           include  a  statement  explaining  what  changed  from  the 
relies on information reported on the federal and/or Oregon       original return. 
tax return, the due date for the 2022 Form METBIT-20 will 
be changed when there is a change to the federal or State         If you change taxable income by filing an amended federal 
of Oregon due dates.                                              or Oregon income tax return, you must file an amended 
                                                                  2022  Form METBIT-20  within 60 days of when the 
Extensions.  Since the  METBIT-20 return relies on the            amended federal or Oregon income tax return  was filed. 
Oregon Form 20/Form 20-INC tax return filing, the due date        Include a copy of your amended federal or Oregon income 
for the METBIT-20  return  is granted an automatic  one-          tax return and explain the adjustments made. 
month extension to  match the due  date for the Oregon 
corporate return filing. This also applies to the extended        Do not amend your 2022 Form METBIT-20 if you amend the 
filing due date. The Revenue Division does not generally          federal return to carry a net operating loss back to  prior 
allow an extension of time to pay the tax, even if the IRS        years. Metro only allows tax entities to carry net operating 
allows an extension. The tax balance is due on the original       losses forward. Additionally, net operating losses for Metro 
return due date. The submission of an extension payment           Business Income Tax are  only generated  from the Metro 
by the original return due date provides an automatic six-        Business Income Tax return, not from your IRS or Oregon 
month filing  extension  in  addition to the automatic one        income tax return. 

Page  1of  ,52022 METBIT-20 Instructions (Rev. 01/22/2023) 

On the  prepayments line of your  amended  2022  Form              • 5% of the amount of the total tax liability if the failure 
METBIT-20, enter the net tax as reflected on the original            to file is for a period less than four months. 
return or as previously adjusted. Do not include any penalty       • An additional penalty of 20% of the total tax liability 
or interest portions of payments already made.                       if the failure to file is for a period of four months or 
                                                                     more. 
Apportionment                                                      • An additional penalty of 100% of the total tax liability 
                                                                     of all tax years if the failure to file is for three or more 
Gross income includes all business income including, but 
                                                                     consecutive tax years. 
not  limited  to,  gross  receipts,  service  income,  interest, 
dividends, income  from contractual agreements,  gross             No late filing penalty is due if a timely extension is filed with 
rents, and gains on sale of business property. Income may          the Revenue Division and a 2022 Form METBIT-20 is filed 
be  apportioned only if there is regular  business income          by the extended due date, or a copy of the federal extension 
outside of Metro. Services performed outside of Metro may          is included with the return and the ‘Extension Filed’ box is 
be apportioned based upon the percentage of performance            checked. 
outside  the  applicable  jurisdiction.  Sales  of  tangible 
personal property may be  apportioned  only if  a business         LATE PAYMENT PENALTY      
has payroll or property outside the jurisdictions.          
                                                                   Your 2022 income tax must be paid by April 18, 2023, even 
                                                                   if  you  requested  an  extension  to  file  your  2022  Form 
Penalty Calculation 
                                                                   METBIT-20. If you do not pay your tax by the original due 
You  may  be  subject  to  penalties  for  underpaying  your       date, the following penalties will apply: 
estimated tax, filing a late 2022 Form METBIT-20, and/or           • 5% of the amount of the tax that was not paid by the 
paying your income tax liability after the original due date of      original due date. 
the return.                                                        • An additional penalty of 20% of the unpaid tax must 
                                                                     be added if the failure to pay is for a period of four 
Although the Revenue Division assesses a late penalty for 
                                                                     months or more. 
both failing to file a 2022 Form METBIT-20 by the due date 
                                                                   •
and failing to pay the tax  by the original due date of the          An additional penalty of 100% of the unpaid tax 
return, only one of these late penalties will be applied, even       liability of all tax years if the failure to pay is for three 
if there is a failure of both requirements. In these cases, only     or more consecutive years. 
the late filing penalty is applied.   
                                                                   Interest Calculation 

UNDERPAYMENT PENALTY 
                                                                   LATE PAYMENT INTEREST 
You may be subject to a penalty for underpaying  your 
                                                                   Interest is calculated at 10% per annum (.00833 multiplied 
estimated tax if, by the original due date of the return, timely 
                                                                   by the number of months). Calculate your interest from the 
prepayments are not made which are either:  
                                                                   original due date to the 15th day of the month following the 
 •           At least 90% of the total tax balance due, or         date of the payment.  
 •           100%  of the prior year’s tax liability  paid  by the 
             original due date.  
                                                                   QUARTERLY UNDERPAYMENT INTEREST  
If you did not satisfy either requirement, you will be charged 
                                                                   Quarterly underpayment  interest will be due if estimated 
an underpayment penalty of 5% of the unpaid tax, but not 
                                                                   payments were required  and  were underpaid.  Calculate 
less than $5.  
                                                                   your quarterly underpayment interest at a rate of 10% per 
                                                                   annum  from  the  due  date  of  each  quarterly  estimated 
LATE FILING PENALTY                                                payment to the original due date of the tax return to which 
If you do not file your 2022 Form METBIT-20 return by the          the estimated payments apply.  
original  due  date, file  an  extension with the  Revenue 
                                                                   The amount of underpayment is determined by comparing 
Division by the original due date, or include a copy of your 
                                                                   the 90% of the current total tax liability amount to quarterly 
federal  extension with your return when you  file  by the 
                                                                   estimated payments made prior to the original due date of 
extended due date, the following penalties will apply: 
                                                                   the tax return.   

Page  2of  ,52022 METBIT-20 Instructions (Rev. 01/22/2023) 

There is no interest on underpayment of quarterly estimated         Name of Parent Corporation, if Applicable.  If you file 
payments if:                                                        under  a  different  entity  for  the  Oregon  Department  of 
                                                                    Revenue than  the  IRS,  enter  the  name  of  the  parent 
 •           The total tax liability of the prior tax year was less 
                                                                    company here. 
             than $1,000; 
 •           An amount equal to at least 90% of the total tax       FEIN of Parent Corporation. If you file under a different 
             liability for the current tax year was paid  in        entity for the Oregon Department of Revenue, please enter 
             accordance with Section 7.05.190; or                   the FEIN of the parent corporation here. 
 •           An amount equal to at least 100% of the prior year's 
             total tax liability was paid  in accordance with       If Merged/Reorganized, Enter  Name of  Previous 
             Section 7.05.190.                                      Business. If you have checked the  Merged/Reorganized 
                                                                    box in the Entity Filing in Oregon field, enter the FEIN of the 
Metro Supportive Housing Services                                   previous business here. 

Business Income Tax Return Filing                                   FEIN of Previous Business. If you have checked the 
Instructions                                                        Merged/Reorganized box in the Entity Filing in Oregon field, 
                                                                    enter the FEIN of the previous business here. 
Rounding. Round off cents to whole dollars on your return 
and schedules. To round, drop amounts under 50 cents and            Initial Return Box. Check this box if this is the first Metro 
increase amounts from 50 to 99 cents to the next dollar. For        Business Income Tax return filed by this entity.  
example, $1.39 becomes $1 and $2.50 becomes $3. If two 
or more amounts must be added to figure the amount to               Final Return Box. Check this box if this is your final return. 
enter on a line, include cents when adding the amounts and          Attach an explanation.   
round off only the total. 
                                                                    Amended Return Box. Check this box if you are filing an 
General Return Information                                          amended return  and  have already submitted an  original 
                                                                    return. You must include a copy of your original return with 
Tax Year. Enter the beginning and ending dates of your tax          your amended return. If you also filed amended federal and 
year. For calendar year filers, this would be 01/01/2022 to         state returns, please include a copy (see “Amended 
12/31/2022.                                                         Returns” under “General Information” for additional 
                                                                    information).  
Account #. If you have already registered for an account 
and know your account number, enter your full Metro Tax             Extension Filed Box. Check this box If you have filed a 
Account number beginning with SHB followed by ten digits.           federal or state extension, or if you submitted an extension 
This  information  can  be  found  on  letters  the  Revenue        payment by the  original due date of the return. Include 
Division has mailed to you related to your Metro business           required copies of federal extension as applicable  (see 
tax account. If you do not know your number, leave field            “Extensions” under “General Information” for additional 
blank.                                                              information). 

FEIN.  Enter the Federal  Employer  Identification Number 
                                                                    Part I - Gross Income and Apportionment 
(FEIN) of  the entity filing  with the Oregon Department of          
Revenue.  
                                                                    Line 1. Metro Gross Income. Metro gross income includes 
NAICS.  Enter the NAICS  (North American Industry                   income  from  all  business  activity  within  Metro  (see 
Classification System) code for your business.                      Apportionment instructions above). 

Entity Filing in Oregon. Enter the legal name of the entity         Line 2. Total Gross Income. Total gross income includes 
filing with the Oregon Department of Revenue. If you have           income from all business activity everywhere, as reported 
merged or reorganized, enter the new filing entity’s name           on your federal Form 1120. 
and  check  the  box  that  the  entity  has  merged  or 
reorganized.                                                        Line 3. Apportionment Percentage. Line 1 divided by line 
                                                                    2. Round to 6 decimal places. This line cannot be more than 
Mailing Address. Enter your current mailing address. If the         1.0. 
address for the year you are filing has changed, check the 
box indicating the change.                                           
 
Page  3of  ,52022 METBIT-20 Instructions (Rev. 01/22/2023) 

Part II – Metro Business Income Tax                                        Line 14. Interest. Enter any quarterly  underpayment 
                                                                           interest and/or interest due on taxes not paid by their due 
Line  4.  Net Income or (Loss)  from Form  OR-20.  Net                     dates, if known. Leave blank if unknown or not applicable. 
income or  loss is  the net income  before apportionment                   If additional interest is owed but was not calculated at the 
reported on Oregon Form OR-20 or OR-20-INC. Enter the                      time of return submission, you will receive a bill by mail. 
net income reported on Oregon Form OR-20 or OR-20-INC, 
line 5.                                                                    Line 15. Balance Due or (Overpayment). Sum of lines 11 
                                                                           through  line 14.  Determine if a balance due or an 
Line  5.  Add-Back of Deductions Not  Allowed. In                          overpayment  exists for your Metro business income tax. 
determining income, no deduction is  allowed  for  the                     You may send a check with your return. Make the check 
following: taxes based on or measured by net income, the                   payable to ‘Metro  SHS  Tax.’ For fastest payment 
federal built-in  gains tax,  or the City  of  Portland Clean              processing, pay online by logging into your PRO account at 
Energy Surcharge. If amounts for these items have been                     Pro.Portland.gov. 
deducted to arrive at the net income reported on line 4, the 
amounts must be added back on line 5.                                      Part III – Tax Due/Refund 

Line 6. Other Additions or Subtractions. Add or subtract                   Line 16. Overpayment.  If  line 15  is negative, this is the 
any Oregon modifications related to business income.                       amount you  have  overpaid. If you have an  overpayment, 
Subtract any pass-through income (or add any loss) from                    you may choose  to have the balance refunded to you or 
entities already taxed by Metro. Attach a schedule for these               credited forward to the next year. If no election is made, any 
modifications.                                                             overpayment will be refunded to you. 

Line 7. Subject net income. Enter the sum of line 4 through                Line 16a. Refund. Enter the amount of the overpayment 
line 6.                                                                    you would like refunded to you on this line. If you would like 
                                                                           direct deposit of your refund, you must file your return online 
Line 8. Metro apportioned net income. Multiply line 7 by                   at Pro.Portland.gov. If your return is filed on paper, you will 
metro apportionment calculated on line 3.                                  receive your refund in the mail by check. 

Line 9.  Net Operating Loss Deduction.  Enter your net                     Line 16b. Credit Carryforward. Enter the amount of the 
operating loss (NOL) from previous years as a negative                     overpayment  you  would  like  to  apply  as  an  estimated 
number here. NOLs are  allowed only if reported on prior                   payment for tax year 2023  on  this line.  This election is 
Metro  Business Income Tax returns.  This  line cannot be                  irrevocable. 
greater than 75% of line 8. Any unused NOL may only be 
carried forward for five years.                                            Line 17. Amount Due. If line 15 is positive, a balance is 
                                                                           due. Pay by April 18, 2023, to avoid late payment penalties 
Line 10. Income Subject to Tax. Enter Metro Apportioned                    and  interest.  You  may  pay  by  check  or  online  at 
Net Income (line 8) less your Net Operating Loss Deduction                 Pro.Portland.gov. Make your check payable to ‘Metro SHS 
(line 9).                                                                  Tax.’ 
Line 11. Metro Business Income Tax. Enter your Income 
Subject  to  Tax  (line  10)  multiplied  by  the  1.0%  Metro             Part IV – Signature 

Business Tax. The minimum tax due is $100. If the amount                   Signature.  An  authorized  representative of the business 
of line 8 multiplied by .01 is less than $100, enter $100.                 must sign and date the return and provide a contact email 
                                                                           address and phone number.  By signing the return, you 
Line  12. Prepayments.                         Enter the  total  amount of 
                                                                           acknowledge,  under penalty of false swearing, that the 
prepayments  as a  negative number. Include all quarterly 
                                                                           information on the return is true, correct, and complete. 
estimated payments, extension payments, and any credits 
carried forward from prior years.                                          Preparer Signature.  Anyone who prepares, advises, or 
                                                                           assists in preparing  personal income tax returns in 
Line 13. Penalty.           Enter all late and/or underpayment 
                                                                           exchange for compensation of any kind must be licensed to 
penalties that apply, if known. Leave blank if unknown or not 
                                                                           prepare Oregon returns and must sign the return. 
applicable. If  additional penalty is owed  but  was not 
calculated at the time of return submission, you will receive               
a bill by mail. 

Page  4of  ,52022 METBIT-20 Instructions (Rev. 01/22/2023) 

Mailing Instructions 

Mail your completed return and all required supporting tax 
pages in the same envelope. 

 •           If a PAYMENT is included with return: 

                  Revenue Division – Metro SHS Tax 
                            PO Box 9250 
                  Portland OR 97207-9250 

             Make check payable to Metro SHS Tax 
              
 •           If NO PAYMENT is included with return: 

                  Processing – Metro SHS Tax 
                  111 SW Columbia St, Suite 600 
                  Portland, OR 97201-5840 

Page  5of  ,52022 METBIT-20 Instructions (Rev. 01/22/2023)