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Rule: 42.26.307 Prev     Up     Next    
Rule Title: APPORTIONMENT AND ALLOCATION GENERALLY
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Department: REVENUE
Chapter: CORPORATE MULTISTATE ACTIVITIES
Subchapter: Water's-Edge
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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42.26.307    APPORTIONMENT AND ALLOCATION GENERALLY

(1) If the business activity in respect to any trade or business of a taxpayer occurs both within and without this state and if by reason of such business activity the taxpayer is taxable in another state, the portion of the net income (or net loss) arising from such trade or business which is derived from sources within this state shall be determined by apportionment in accordance with 15-31-305 through 15-31-311, MCA.

(2) Any taxpayer subject to the taxing jurisdiction of this state shall allocate all of its nonapportionable income or loss within or without this state in accordance with 15-31-304, MCA.

 

History: 15-1-201, 15-31-313, 15-31-501, MCA; IMP, 15-1-601, 15-31-305, 15-31-306, 15-31-307, 15-31-308, 15-31-309, 15-31-310, 15-31-311, MCA; NEW, Eff. 1/2/77; TRANS, from 42.26.221 and AMD, 2002 MAR p. 403, Eff. 12/21/01; AMD, 2017 MAR p. 2328, Eff. 1/1/18.


 

 
MAR Notices Effective From Effective To History Notes
42-2-985 1/1/2018 Current History: 15-1-201, 15-31-313, 15-31-501, MCA; IMP, 15-1-601, 15-31-305, 15-31-306, 15-31-307, 15-31-308, 15-31-309, 15-31-310, 15-31-311, MCA; NEW, Eff. 1/2/77; TRANS, from 42.26.221 and AMD, 2002 MAR p. 403, Eff. 12/21/01; AMD, 2017 MAR p. 2328, Eff. 1/1/18.
12/21/2001 1/1/2018 History: Sec. 15-1-201, 15-31-313, and 15-31-501, MCA; IMP, Sec. 15-1-601, 15-31-305, 15-31-306, 15-31-307, 15-31-308, 15-31-309, 15-31-310, and 15-31-311, MCA; NEW, Eff. 1/2/77; TRANS, from 42.26.221 and AMD, 2002 MAR p. 403, Eff. 12/21/01.
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