Mont. Admin. r. 42.26.308

Current through Register Vol. 24, December 20, 2024

Rule 42.26.308 - APPORTIONMENT FORMULA

(1) All apportionable income of each trade or business of the taxpayer shall be apportioned to this state by use of the apportionment formula set forth in 15-31-305, MCA. The elements of the apportionment formula are the property factor (see ARM 42.26.231) , the payroll factor (see ARM 42.26.241) , and the receipts factor (see ARM 42.26.251) of the trade or business of the taxpayer.

Mont. Admin. r. 42.26.308

NEW, Eff. 1/2/77; TRANS, from 42.26.222and AMD, 2001 MAR p. 2469, Eff. 12/21/01; AMD, 2017 MAR p. 2328, Eff. 12/9/2017

AUTH: 15-1-201, 15-31-313, 15-31-501, MCA; IMP: 15-1-601, 15-31-305, MCA