Montana Code 15-68-106. Separate statement of tax — no advertising to absorb or refund tax — rules
15-68-106. Separate statement of tax — no advertising to absorb or refund tax — rules. (1) If a person collects a tax in excess of the tax imposed by 15-68-102, both the tax and the excess tax must be remitted to the department.
Terms Used In Montana Code 15-68-106
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- 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
(2)Except as provided in subsection (4), the sales tax must be stated separately for all sales, except for sales from coin-operated or currency-operated machines.
(3)A person may not advertise, hold out, or state to the public or to any customer that the tax imposed by this chapter will be absorbed or refunded.
(4)The department may adopt rules permitting sellers the option of stating sales tax based upon a percentage of taxable sales.