15-68-510. Vendor allowance. (1) A person filing a timely return under 15-68-502 may claim a quarterly vendor allowance for each permitted location in the amount of 5% of the tax determined to be payable to the state.
(2) The allowance may be deducted on the return.
(3) A person that files a return or payment after the due date for the return or payment may not claim a vendor allowance.
History: En. Sec. 26, Ch. 544, L. 2003; amd. Sec. 10, Ch. 459, L. 2019.
Structure Montana Code Annotated
15-68-502. Returns -- payment -- authority of department
15-68-503. and 15-68-504 reserved
15-68-505. Credit for taxes paid on worthless accounts -- taxes paid if account collected
15-68-506. Credit -- out-of-state taxes
15-68-507. through 15-68-509 reserved
15-68-512. Security -- limitations -- sale of security deposit at auction -- bond
15-68-514. Penalties and interest for violation
15-68-516. Authority to collect delinquent taxes
15-68-517. Interest on deficiency
15-68-518. and 15-68-519 reserved