Statutes, codes, and regulations
Montana Code
Title 15 - TAXATIONChapter 31 - CORPORATE INCOME TAX OR ALTERNATIVE CORPORATE INCOME TAX
Part 1 - CORPORATE INCOME TAX RATE AND RETURN
Section 15-31-115 - Reaffirmation of bond income inclusion in definition of net income for corporate income tax purposes

Mont. Code § 15-31-115

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Current through the 2023 Regular Session
Section 15-31-115 - Reaffirmation of bond income inclusion in definition of net income for corporate income tax purposes

Notwithstanding the provisions of any other law, the income from bonds or other obligations issued by any state or political subdivision of a state are included in gross and net income for purposes of the corporate income tax.

§ 15-31-115, MCA

Amended by Laws 2013, Ch. 268, Sec. 16, eff. 10/1/2013.
En. Sec. 3, Ch. 673, L. 1983; amd. Sec. 18, Ch. 130, L. 2005.