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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-23-505

Assessment Of Royalties

Official textleg.mt.gov

15-23-505 . Assessment of royalties. Upon receipt of the list or schedule setting forth the names and addresses of any and all persons owning or claiming royalty and the amount paid or yielded as royalty to the royalty owners or claimants during the year for which the return is made, the department of revenue shall proceed to assess and tax the royalties on the same basis as net proceeds of mines are taxed as provided by 15-6-131 .

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In this chapter (40 sections)
  1. 15-23-203 · Definitions Relating To Taxes
  2. 15-23-204 · Assessment Of Railroads
  3. 15-23-205 · Assessment -- How Made
  4. 15-23-206 · Through 15-23-210 Reserved
  5. 15-23-211 · Definitions
  6. 15-23-212 · Annual Report
  7. 15-23-213 · Assessment -- Allocation -- Taxable Value
  8. 15-23-214 · Determination Of Tax -- Payment -- Penalty And Interest
  9. 15-23-215 · Deposit Of Taxes
  10. 15-23-216 · Lien -- Collection Actions
  11. 15-23-301 · Officers Of Certain Public Utility Companies To Furnish…
  12. 15-23-302 · Repealed
  13. 15-23-303 · Assessment Of Property -- Apportionment To Counties
  14. 15-23-401 · Definitions
  15. 15-23-402 · Report By Airline Company
  16. 15-23-403 · Determination Of Value -- Exception For New Aircraft And…
  17. 15-23-501 · Taxation Of Mines
  18. 15-23-502 · Net Proceeds Tax -- Statement Of Yield
  19. 15-23-503 · Net Proceeds -- How Computed
  20. 15-23-504 · Lien Of Tax And Penalty
  21. 15-23-505 · Assessment Of Royalties
  22. 15-23-506 · False Or Fraudulent Reports
  23. 15-23-507 · Taxation And Payment On Royalty Interests
  24. 15-23-508 · Lien Of Tax -- Enforcement Of Payment
  25. 15-23-509 · Repealed
  26. 15-23-510 · Through 15-23-514 Reserved
  27. 15-23-515 · Net Proceeds For Talc -- Statement -- Value
  28. 15-23-516 · Net Proceeds For Vermiculite -- Statement -- Value
  29. 15-23-517 · Net Proceeds For Limestone -- Statement -- Value
  30. 15-23-518 · Net Proceeds For Industrial Garnets And Byproducts --…
  31. 15-23-519 · And 15-23-520 Reserved
  32. 15-23-521 · Examination Of Records By Department
  33. 15-23-522 · Surface Ground And Improvements Not Exempt
  34. 15-23-523 · Dissolved Corporations To Make Returns On Net Proceeds Of…
  35. 15-23-601 · Repealed
  36. 15-23-602 · Repealed
  37. 15-23-603 · Repealed
  38. 15-23-604 · Repealed
  39. 15-23-605 · Repealed
  40. 15-23-606 · Repealed
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