Montana § 15-23-115 Interest

Montana Statutes

§ 15-23-115 — Interest

Montana § 15-23-115

Title 15TAXATION

Ch. 23CENTRALLY ASSESSED PROPERTY

Part 1General Provisions

This text of Montana § 15-23-115 (Interest) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 15-23-115 (2026).

Text

15-23-115 . Interest. If the department determines that a taxpayer has incorrectly reported a value under 15-23-502 , 15-23-515 , 15-23-516 , 15-23-517 , 15-23-518 , 15-23-701 , or 15-23-802 and if an additional tax is due, there must be added to the tax until paid in full interest at the rate of 1% a month or fraction of a month from the date the original tax was due and payable. A taxpayer subject to imposition of interest pursuant to this section is not subject to the penalty and interest provisions contained in 15-16-102 .

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15-23-115 . Interest. If the department determines that a taxpayer has incorrectly reported a value under 15-23-502 , 15-23-515 , 15-23-516 , 15-23-517 , 15-23-518 , 15-23-701 , or 15-23-802 and if an additional tax is due, there must be added to the tax until paid in full interest at the rate of 1% a month or fraction of a month from the date the original tax was due and payable. A taxpayer subject to imposition of interest pursuant to this section is not subject to the penalty and interest provisions contained in 15-16-102 .

Legislative History

En. Sec. 1, Ch. 112, L. 1983; amd. Sec. 7, Ch. 531, L. 1989; amd. Sec. 7, Ch. 695, L. 1991; amd. Sec. 7, Ch. 506, L. 1993; amd. Sec. 97, Ch. 27, Sp. L. November 1993; amd. Sec. 7, Ch. 397, L. 1995; amd. Sec. 33, Ch. 451, L. 1995.