Administrative Rules of Montana
Department 42 - REVENUE
Chapter 42.26 - CORPORATE MULTISTATE ACTIVITIES
Subchapter 42.26.6 - Railroads
Rule 42.26.606 - THE RECEIPTS FACTOR
Universal Citation: MT Admin Rules 42.26.606
Current through Register Vol. 6, March 22, 2024
(1) The numerator of the receipts factor is the taxpayer's total revenue ton-miles occurring within this state during the year.
(2) The denominator of the receipts factor is the taxpayer's total revenue ton-miles occurring everywhere during the year.
(3) The requirements of this rule are effective for tax years beginning after December 31, 2022.
AUTH: 15-1-201, 15-31-313, 15-31-501, MCA; IMP: 15-1-601, 15-31-305, 15-31-310, 15-31-311, 15-31-312, MCA5. The department proposes to repeal the following rules:
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