Admin. R. Mont. 42.26.301 – Water's-edge Election | Midpage
Rule 42.26.301
Admin. R. Mont. 42.26.301
Water's-edge Election
Effective Nov 26, 2016Authorizing statute(s): 15-31-501, MCA; Implementing statute(s): 15-31-322, MCAState of Montana
(1) Only multinational corporations subject to the Montana corporate income tax may apportion income under a water's-edge, unitary combination method as set forth in 15-31-322, MCA.
Authorizing statute(s): 15-31-501, MCA
Implementing statute(s): 15-31-322, MCA
History: NEW, 1988 MAR p. 278, Eff. 2/12/88; TRANS, from 42.26.213, 2001 MAR p. 2469, Eff. 12/21/01; AMD, 2016 MAR p. 2198, Eff. 11/26/16.