- (1) A seller shall maintain records necessary to document gross receipts for the rental vehicle sales and use tax. A seller may be required to substantiate gross receipts reported for a particular quarter. For audit purposes, a seller may be required to reconstruct the reported gross receipts from the original rental vehicle sales and use tax receipts.
- (2) The records described in (1) must include specific documentation of exempt charges.
- (3) A seller must notify a purchaser of the rental vehicle sales and use tax at the time of purchase.
- (4) The tax shall be separately stated on the receipt, invoice, or other document provided to a purchaser to ensure there is a record of the amount of tax charged.
- (5) The records described in (1) must be maintained by a seller for a period of five years and shall be subject to audit by the department.
Authorizing statute(s): 15-68-801, MCA
Implementing statute(s): 15-68-502, 15-68-513, MCA
History: NEW, 2010 MAR p. 2755, Eff. 11/27/10; AMD, 2022 MAR p. 248, Eff. 2/12/22.