15-64-105. Procedure to compute tax in absence of statement -- estimation of tax -- failure to file -- penalty and interest. (1) If the licensee fails to file any return required by 15-64-103 within the time required, the department may, at any time, audit the licensee or estimate the taxes due from any information in its possession and, based on the audit or estimate, assess the licensee for the taxes, penalties, and interest due the state.
(2) The department shall impose penalty and interest as provided in 15-1-216. The department shall mail to the licensee a notice, pursuant to 15-1-211, of the tax, penalty, and interest proposed to be assessed. The notice must contain a statement that if payment is not made, a warrant for distraint may be filed. The licensee may seek review of the determination pursuant to 15-1-211. The department may waive any penalty pursuant to 15-1-206.
History: En. Sec. 22, Ch. 408, L. 2017; amd. Sec. 33, Ch. 576, L. 2021.
Structure Montana Code Annotated
Chapter 64. Taxation of Drugs and Drug Licensing
15-64-102. Tax on marijuana sales
15-64-103. Returns -- payment -- recordkeeping -- authority of department
15-64-104. Deficiency assessment -- penalty and interest -- statute of limitations
15-64-106. Authority to collect delinquent taxes
15-64-107. through 15-64-109 reserved
15-64-110. Refunds -- interest -- limitations
15-64-111. Information -- confidentiality -- agreements with another state