15-31-405. Information return -- period for assessment of tax. When a corporation formerly subject to tax under part 1 of this chapter becomes subject to tax under this part, it shall file an information return for the income year in which the change occurs. The tax for the year in which the change occurs will be assessed under parts 1, 3, and 5 and not under this part. For years subsequent to the year in which the change occurs, the tax will be assessed under this part.
History: En. Sec. 5, Ch. 82, L. 1971; R.C.M. 1947, 84-6905; amd. Sec. 33, Ch. 114, L. 2003.
Structure Montana Code Annotated
Chapter 31. Corporate Income Tax or Alternative Corporate Income Tax
Part 4. Alternative Corporate Income Tax
15-31-401. Application of corporate income tax and alternative corporate income tax
15-31-402. Short title -- administration of part
15-31-403. Rate of tax imposed -- income from sources within state defined -- alternative tax
15-31-405. Information return -- period for assessment of tax
15-31-406. Corporate income tax sections incorporated by reference