Montana § 15-31-404 - Offset For Corporate Income Taxes -- Alternative Corporate Income Tax Collected Considered Corporate Income Tax
Full text of Montana Montana Code Annotated § 15-31-404 — Offset For Corporate Income Taxes -- Alternative Corporate Income Tax Collected Considered Corporate Income Tax, with citation guidance and answers to common questions.
§ 15-31-404. Offset For Corporate Income Taxes -- Alternative Corporate Income Tax Collected Considered Corporate Income Tax
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.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-31-404
What does Montana Code Annotated § 15-31-404 cover?
Section 15-31-404 ("Offset For Corporate Income Taxes -- Alternative Corporate Income Tax Collected Considered Corporate Income 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 § 15-31-404?
A common citation format is "Montana Code Annotated § 15-31-404" (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 § 15-31-404 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.