1. (1) A taxpayer claiming a credit for increasing research activities who has income from business activity that is taxable both within and outside of this state shall submit a by-state breakdown of:

   1. (a) gross sales less returns and allowances that conform to the requirements of 15-31-311 , MCA;
   2. (b) qualified research expenses as defined in 15-31-150 , MCA;
   3. (c) supplies as defined in 15-31-150 , MCA; and
   4. (d) wages as defined in 15-31-150 , MCA.

Authorizing statute(s): 15-31-150, 15-31-501, MCA

Implementing statute(s): 15-31-150, MCA

History: NEW, 2005 MAR p. 164, Eff. 1/28/05.