Montana § 15-31-321 Definitions

Montana Statutes

§ 15-31-321 — Definitions

Montana § 15-31-321

Title 15TAXATION

Ch. 31CORPORATE INCOME TAX OR ALTERNATIVE CORPORATE INCOME TAX

Part 3Allocation and Apportionment of Income

This text of Montana § 15-31-321 (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. § 15-31-321 (2026).

Text

15-31-321 . Definitions. As used in 15-31-321 through 15-31-326 , unless the context requires otherwise, the following definitions apply:

(1)"Affiliated corporation" means a United States parent corporation and any subsidiary of which more than 50% of the voting stock is owned directly or indirectly by another corporate member of the water's-edge combined group.

(2)"United States" means the 50 states of the United States, the District of Columbia, and any territory or possession of the United States.

(3)"Water's-edge combined group" means all corporations or entities included in the election of a taxpayer under 15-31-322 .

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15-31-321 . Definitions. As used in 15-31-321 through 15-31-326 , unless the context requires otherwise, the following definitions apply:
(1) "Affiliated corporation" means a United States parent corporation and any subsidiary of which more than 50% of the voting stock is owned directly or indirectly by another corporate member of the water's-edge combined group.
(2) "United States" means the 50 states of the United States, the District of Columbia, and any territory or possession of the United States.
(3) "Water's-edge combined group" means all corporations or entities included in the election of a taxpayer under 15-31-322 .