Montana § 15-50-205 - Tax Imposed On Gross Receipts From Public Contracts
Full text of Montana Montana Code Annotated § 15-50-205 — Tax Imposed On Gross Receipts From Public Contracts, with citation guidance and answers to common questions.
§ 15-50-205. Tax Imposed On Gross Receipts From Public Contracts
Tax imposed on gross receipts from public contracts. (1) A public contractor, unless the contractor constructs or works on a federal research facility, shall pay to the department a license fee in a sum equal to 1% of the gross receipts, as defined in 15-50-101 , from public contracts during the income year in which the public contractor receives payment. (2) The license fee must be computed upon the basis of the entire contract for each separate contract let by any of the public bodies as provided for in 15-50-206 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-50-205
What does Montana Code Annotated § 15-50-205 cover?
Section 15-50-205 ("Tax Imposed On Gross Receipts From Public Contracts") 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 § 15-50-205?
A common citation format is "Montana Code Annotated § 15-50-205" (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 § 15-50-205 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.