Montana Code Annotated
Part 5. Administration and Collection
15-31-522. When immediate payment demanded

15-31-522. When immediate payment demanded. If the department determines that the assessment or collection of the tax or a deficiency in tax due under any corporate income tax statute of Montana for any taxable period will be jeopardized in whole or in part by delay, it may mail notice of its findings to the taxpayer, together with a demand for immediate payment of the tax or deficiency declared to be in jeopardy, including penalty and accrued interest. In the case of a tax for a current period, the department may declare the taxable period of the taxpayer immediately terminated and shall mail or issue notice of its findings to the taxpayer, together with a demand for immediate payment of the tax based on the period declared terminated. A jeopardy assessment is immediately due and payable, and proceedings for collection may be commenced at once.
History: En. Sec. 1, Ch. 246, L. 1969; amd. Sec. 58, Ch. 516, L. 1973; R.C.M. 1947, 84-1505.2; amd. Sec. 26, Ch. 268, L. 2013.

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Structure Montana Code Annotated

Montana Code Annotated

Title 15. Taxation

Chapter 31. Corporate Income Tax or Alternative Corporate Income Tax

Part 5. Administration and Collection

15-31-501. Department rules -- conformance with Internal Revenue Code

15-31-502. Assessment and payment of tax -- estimated tax payment -- amount of required installments

15-31-503. Deficiency assessment -- notice -- penalty and interest

15-31-504. Estimated tax on failure to file

15-31-505. Subpoenas -- investigation of income, and shifting