15-72-106. Collection of wholesale energy transaction tax -- disposition of revenue. (1) A transmission services provider shall collect the tax imposed under 15-72-104 from the taxpayer and pay the tax collected to the department. If the transmission services provider collects a tax in excess of the tax imposed by 15-72-104, both the tax and the excess must be remitted to the department.
(2) A self-assessing distribution services provider is subject to the provisions of this part.
(3) The wholesale energy transaction tax collected under this part must, in accordance with the provisions of 17-2-124, be deposited in the general fund.
History: En. Sec. 6, Ch. 556, L. 1999; amd. Sec. 17, Ch. 475, L. 2007.
Structure Montana Code Annotated
Chapter 72. Electrical Generation Tax and Invasive Species Fee
Part 1. Electrical Generation Tax Reform Act
15-72-102. Legislative findings and declaration of purpose
15-72-104. Wholesale energy transaction tax -- rate of tax -- exemptions -- cost recovery
15-72-105. Multistate exemption
15-72-106. Collection of wholesale energy transaction tax -- disposition of revenue
15-72-107. through 15-72-109 reserved
15-72-110. Returns -- payment -- authority of department
15-72-111. Examination of return -- adjustments -- delivery of notices and demands
15-72-112. Penalties and interest for violation
15-72-113. Authority to collect delinquent taxes
15-72-114. Penalty and interest on deficiency