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Rule Title: COMMENCEMENT OF OPERATIONS
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Department: REVENUE, DEPARTMENT OF
Chapter: GENERAL PROPERTY TAX PROVISIONS
Subchapter: New Industrial Property
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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42.19.1212    COMMENCEMENT OF OPERATIONS

(1) The date of commencement of operations is the date when the new industry endeavor begins to function for its designed purpose as an organized production unit. Production at a limited level or scale constitutes production.

(2) Initial test batch runs for machinery adjustment purposes are considered part of the initial cost of installing the machinery in the production process and does not constitute production.

History: 15-1-201, MCA; IMP, 15-6-135, 15-6-192, MCA; NEW, 1980 MAR p. 1088, Eff. 3/28/80; AMD, 1991 MAR p. 2638, Eff. 12/27/91; AMD, 1992 MAR p. 2559, Eff. 11/26/92; AMD, 2004 MAR p. 490, Eff. 2/27/04.


 

 
MAR Notices Effective From Effective To History Notes
2/27/2004 Current History: 15-1-201, MCA; IMP, 15-6-135, 15-6-192, MCA; NEW, 1980 MAR p. 1088, Eff. 3/28/80; AMD, 1991 MAR p. 2638, Eff. 12/27/91; AMD, 1992 MAR p. 2559, Eff. 11/26/92; AMD, 2004 MAR p. 490, Eff. 2/27/04.
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