Rule 42.4.3203 - INFORMATION REQUIRED OF A MULTISTATE BUSINESS CLAIMING A CREDIT FOR INCREASING RESEARCH ACTIVITIES(1) A taxpayer claiming a credit for increasing research activities who has income from business activity that is taxable both within and outside of this state shall submit a by-state breakdown of: (a) gross sales less returns and allowances that conform to the requirements of 15-31-311, MCA;(b) qualified research expenses as defined in 15-31-150, MCA;(c) supplies as defined in 15-31-150, MCA; and(d) wages as defined in 15-31-150, MCA.Mont. Admin. r. 42.4.3203
NEW, 2005 MAR p. 164, Eff. 1/28/05.15-31-150, 15-31-501, MCA; IMP, 15-31-150, MCA;