§ 15-31-301 Corporations subject to allocation and apportionment
§ 15-31-302 Definitions
§ 15-31-303 When taxable in another state
§ 15-31-304 Allocation of nonapportionable income
§ 15-31-305 Apportionment of apportionable income
§ 15-31-306 Definition of property factor
§ 15-31-307 Values used for property factor
§ 15-31-308 Definition of payroll factor
§ 15-31-309 Payroll factor for compensation in this state
§ 15-31-310 Definition of receipts factor
§ 15-31-311 Receipts factor for receipts in this state
§ 15-31-312 Apportionment formula — unitary business provisions
§ 15-31-313 Rules
§ 15-31-321 Definitions
§ 15-31-322 Water’s-edge election
§ 15-31-323 Apportionment factors
§ 15-31-324 Water’s-edge election period — consent — change of election
§ 15-31-325 Treatment of dividends
§ 15-31-326 Domestic disclosure spreadsheet
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Terms Used In Montana Code > Title 15 > Chapter 31 > Part 3 - Allocation and Apportionment of Income

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Property: means real and personal property. See Montana Code 1-1-205
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201