Mont. Code § 15-30-3704

Current through the 2023 Regular Session

Section 15-30-3704 - Tax on qualifying net capital gains

Subject to the conditions of 15-30-3703, an alternative tax rate of 0% is imposed on the net long-term capital gain that is attributable to the sale or exchange of capital stock of a corporation.

§ 15-30-3704, MCA

Added by Laws 2021, Ch. 458,Sec. 4, eff. 5/11/2021, and applicable retroactively, within the meaning of 1-2-109, to income tax years beginning after December 31, 2020.