Montana § 15-31-173 Tax Credit For Hiring Registered Apprentices Or Veteran Apprentices

Montana Statutes

§ 15-31-173 — Tax Credit For Hiring Registered Apprentices Or Veteran Apprentices

Montana § 15-31-173

Title 15TAXATION

Ch. 31CORPORATE INCOME TAX OR ALTERNATIVE CORPORATE INCOME TAX

Part 1Corporate Income Tax Rate and Return

This text of Montana § 15-31-173 (Tax Credit For Hiring Registered Apprentices Or Veteran Apprentices) 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. § 15-31-173 (2026).

Text

15-31-173 . Tax credit for hiring registered apprentices or veteran apprentices.

(1)There is a tax credit against the taxes otherwise due under 15-31-121 or 15-31-122 that is allowable in the amount established pursuant to 39-6-109 when a taxpayer employs a registered apprentice or registered veteran apprentice who works in Montana. The credit is administered as provided in 15-30-2357 , 39-6-109 , and this section.

(2)If the credit allowed under this section is claimed by a small business corporation as defined in 15-30-3301 , a pass-through entity, or a partnership, the credit must be attributed to shareholders, owners, or partners using the same proportion as used to report the entity's income or loss.

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15-31-173 . Tax credit for hiring registered apprentices or veteran apprentices. (1) There is a tax credit against the taxes otherwise due under 15-31-121 or 15-31-122 that is allowable in the amount established pursuant to 39-6-109 when a taxpayer employs a registered apprentice or registered veteran apprentice who works in Montana. The credit is administered as provided in 15-30-2357 , 39-6-109 , and this section.
(2) If the credit allowed under this section is claimed by a small business corporation as defined in 15-30-3301 , a pass-through entity, or a partnership, the credit must be attributed to shareholders, owners, or partners using the same proportion as used to report the entity's income or loss.