Montana § 15-30-3325 Definitions

Montana Statutes

§ 15-30-3325 — Definitions

Montana § 15-30-3325

Title 15TAXATION

Ch. 30INDIVIDUAL INCOME TAX

Part 33Small Business and Pass-Through Entities

This text of Montana § 15-30-3325 (Definitions) 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. § 15-30-3325 (2026).

Text

15-30-3325 . Definitions. As used in 15-30-3326 through 15-30-3328 and this section, unless the context clearly indicates otherwise, the following definitions apply:

(1)"Electing pass-through entity" means a partnership or an S. corporation that elects to be subject to an entity tax.

(2)"Entity tax" means a tax that an electing pass-through entity elects to pay under 15-30-3325 through 15-30-3328 and this section.

(3)"Nonresident owner" means an individual, estate, or trust that is not a resident owner.

(4)"Owner" means a shareholder of an S. corporation or a partner in a partnership.

(5)"Resident owner" means an individual, estate, or trust owner that is a resident of the state.

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15-30-3325 . Definitions. As used in 15-30-3326 through 15-30-3328 and this section, unless the context clearly indicates otherwise, the following definitions apply:
(1) "Electing pass-through entity" means a partnership or an S. corporation that elects to be subject to an entity tax.
(2) "Entity tax" means a tax that an electing pass-through entity elects to pay under 15-30-3325 through 15-30-3328 and this section.
(3) "Nonresident owner" means an individual, estate, or trust that is not a resident owner.
(4) "Owner" means a shareholder of an S. corporation or a partner in a partnership.
(5) "Resident owner" means an individual, estate, or trust owner that is a resident of the state.