Montana § 15-31-122 - Alternative Gross Sales Tax
Full text of Montana Montana Code Annotated § 15-31-122 — Alternative Gross Sales Tax, with citation guidance and answers to common questions.
§ 15-31-122. Alternative Gross Sales Tax
Alternative gross sales tax. Pursuant to the provisions of Article III, section 2, of 15-1-601 , every corporation deriving income from sources both within and without the state of Montana and required to file a return and whose only activity in Montana consists of making sales and which does not own or rent real estate or tangible personal property within Montana and whose annual gross volume of sales made in Montana during the taxable year does not exceed $100,000 may elect to pay a tax of 1/2 of 1% of gross sales made in Montana during the taxable year. Such tax shall be in lieu of the tax otherwise imposed under 15-31-101 and 15-31-121 . The gross volume of sales made in Montana during the taxable year shall be determined according to the provisions of Article IV, sections 11 and 12, of 15-1-601 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-31-122
What does Montana Code Annotated § 15-31-122 cover?
Section 15-31-122 ("Alternative Gross Sales Tax") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 15-31-122?
A common citation format is "Montana Code Annotated § 15-31-122" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 15-31-122 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.