Montana § 15-31-404 Offset For Corporate Income Taxes -- Alternative Corporate Income Tax Collected Considered Corporate Income Tax

Montana Statutes

§ 15-31-404 — Offset For Corporate Income Taxes -- Alternative Corporate Income Tax Collected Considered Corporate Income Tax

Montana·Title 15 TAXATION·Ch. 31 CORPORATE INCOME TAX OR ALTERNATIVE CORPORATE INCOME TAX·Part 4 Alternative Corporate Income Tax

15-31-404 . Offset for corporate income taxes -- alternative corporate income tax collected considered corporate income tax. There must be offset against the alternative corporate income tax imposed for any period the amount of any tax imposed against the corporation for the same period under parts 1, 3, and 5 of this chapter. If taxes, interest, and penalties have been or will be assessed against, paid by, or collected from a corporation under this part and the assessment, payment, or collection should have been made under parts 1, 3, and 5 of this chapter, the taxes, interest, and penalties must be considered as having been assessed, paid, or collected under parts 1, 3, and 5 as of the date they were made.

Free access — add to your briefcase to read the full text and ask questions with AI

15-31-404 . Offset for corporate income taxes -- alternative corporate income tax collected considered corporate income tax. There must be offset against the alternative corporate income tax imposed for any period the amount of any tax imposed against the corporation for the same period under parts 1, 3, and 5 of this chapter. If taxes, interest, and penalties have been or will be assessed against, paid by, or collected from a corporation under this part and the assessment, payment, or collection should have been made under parts 1, 3, and 5 of this chapter, the taxes, interest, and penalties must be considered as having been assessed, paid, or collected under parts 1, 3, and 5 as of the date they were made.

Montana § 15-31-404 (Offset For Corporate Income Taxes -- Alternative Corporate Income Tax Collected Considered Corporate Income Tax) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.