Montana Statutes

§ 33-17-407 — Nonresident Insurance Producer To Pay Taxes -- Annual Report Required

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 17 INSURANCE PRODUCERS, ADJUSTERS, CONSULTANTS, AND ADMINISTRATORS·Part 4 Nonresident Licensees

33-17-407 . Nonresident insurance producer to pay taxes -- annual report required.

(1)A nonresident insurance producer is subject to personal income, business income, or corporate income taxes for all income earned on insurance policies issued to cover subjects or risks residing, located, or to be performed in Montana and written within the boundaries of this state.
(2)A nonresident insurance producer shall file annually a Montana income tax return as required in Title 15.

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Legislative History

En. Sec. 3, Ch. 395, L. 1983; amd. Sec. 33, Ch. 713, L. 1989; amd. Sec. 35, Ch. 268, L. 2013.

Nearby Sections

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