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                            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)

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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)

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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)

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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)

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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)

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