15-30-2543. Annual withholding statement to royalty owner. Before January 31 of each year, each remitter shall furnish to each royalty owner a statement, on a form prescribed by the department, showing the total royalties paid by the remitter to the royalty owner during the preceding calendar year and showing the amount of the tax deducted and withheld from the royalty payments. The royalty owner shall file a duplicate of the statement with the royalty owner's state income tax return.
History: En. Sec. 8, Ch. 468, L. 2007; Sec. 15-30-268, MCA 2007; redes. 15-30-2543 by Sec. 1, Ch. 147, L. 2009.
Structure Montana Code Annotated
Chapter 30. Individual Income Tax
Part 25. Estimated Tax and Withholding
15-30-2502. Withholding of tax from wages
15-30-2503. Employer liable for withholding taxes and statements
15-30-2504. Schedules for remitting income withholding taxes -- records
15-30-2505. Amount withheld considered as tax collected
15-30-2506. Annual withholding statement
15-30-2507. Annual statement by employer
15-30-2508. Withheld taxes held in trust for state
15-30-2509. Violations by employer -- penalties, interest, and remedies
15-30-2510. Remitting withholding taxes electronically -- employer option -- timely remittance
15-30-2511. Voluntary state withholding from federal annuity -- agreement with federal government
15-30-2512. Estimated tax -- payment -- exceptions -- interest
15-30-2513. through 15-30-2520 reserved
15-30-2521. Policy and purpose
15-30-2522. Withholding of lottery winnings
15-30-2523. Determination of employer status
15-30-2524. through 15-30-2530 reserved
15-30-2531. Credits and refunds -- period of limitations
15-30-2532. through 15-30-2535 reserved
15-30-2538. Withholding required on mineral royalty payments
15-30-2539. Withholding -- no application under certain conditions
15-30-2542. Amount of royalty payment withheld considered taxes collected
15-30-2543. Annual withholding statement to royalty owner
15-30-2544. Remitter to furnish annual statement to department
15-30-2545. Withheld taxes held in trust for state
15-30-2546. Violations by remitter -- penalties -- interest -- remedies