33-17-407. Nonresident insurance producer to pay taxes -- annual report required. (1) A nonresident insurance producer is subject to personal income, business income, or corporate income taxes for all income earned on insurance policies issued to cover subjects or risks residing, located, or to be performed in Montana and written within the boundaries of this state.
(2) A nonresident insurance producer shall file annually a Montana income tax return as required in Title 15.
History: En. Sec. 3, Ch. 395, L. 1983; amd. Sec. 33, Ch. 713, L. 1989; amd. Sec. 35, Ch. 268, L. 2013.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 17. Insurance Producers, Adjusters, Consultants, and Administrators
33-17-401. Nonresident insurance producer -- license
33-17-405. Service of process -- commissioner as agent
33-17-406. Nonresident insurance producer subject to insurance code
33-17-407. Nonresident insurance producer to pay taxes -- annual report required
33-17-408. Reciprocity -- nonresident insurance producer licensing and continuing education