Montana Code 33-2-707. Preemption of taxing
Current as of: 2023 | Check for updates
|
Other versions
33-2-707. Preemption of taxing. The state of Montana hereby preempts the field of imposing excise, privilege, franchise, income, license, and similar taxes, licenses, and fees upon insurers and their general insurance producers and insurance producers as such and on the intangible property of insurers or such insurance producers. No county, city, municipality, district, school district, or other political subdivision or agency in Montana shall levy upon insurers, or upon their general insurance producers and insurance producers as such, any such tax, license, or fee additional to such as are levied by the legislature of Montana in this code.
Terms Used In Montana Code 33-2-707
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
- 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