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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-23-506

False Or Fraudulent Reports

Official textleg.mt.gov

15-23-506 . False or fraudulent reports. If any report required by this part contains any willfully false or fraudulent statements as to the gross amount received by any person engaged in mining for any mine's product, then the department shall compute the gross value of such mine's product based upon the average quotations of the price of such mine's product in New York City or the relative market value at the point of delivery as evidenced by some established authority or market report. If any such person has sold or otherwise disposed of any of its mine's product at a price substantially below the true market price of such product at the time and place of such sale or disposal, then the department shall compute the gross value of such portion of the mine's product so sold or disposed of substantially below the market price, which gross value shall be based upon the quotations of the price of such mine's product in New York City or the relative market value at the point of delivery at the time such portion of the product was so sold or otherwise disposed of as evidenced by some established authority or market report. Should there be no quotation covering any particular product, then the department shall fix the value of such gross product or such portion thereof as shall have been sold or otherwise disposed of at a price substantially below the true market price at the time and place of such sale or disposal in such a manner as may seem to be equitable.

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In this chapter (40 sections)
  1. 15-23-204 · Assessment Of Railroads
  2. 15-23-205 · Assessment -- How Made
  3. 15-23-206 · Through 15-23-210 Reserved
  4. 15-23-211 · Definitions
  5. 15-23-212 · Annual Report
  6. 15-23-213 · Assessment -- Allocation -- Taxable Value
  7. 15-23-214 · Determination Of Tax -- Payment -- Penalty And Interest
  8. 15-23-215 · Deposit Of Taxes
  9. 15-23-216 · Lien -- Collection Actions
  10. 15-23-301 · Officers Of Certain Public Utility Companies To Furnish…
  11. 15-23-302 · Repealed
  12. 15-23-303 · Assessment Of Property -- Apportionment To Counties
  13. 15-23-401 · Definitions
  14. 15-23-402 · Report By Airline Company
  15. 15-23-403 · Determination Of Value -- Exception For New Aircraft And…
  16. 15-23-501 · Taxation Of Mines
  17. 15-23-502 · Net Proceeds Tax -- Statement Of Yield
  18. 15-23-503 · Net Proceeds -- How Computed
  19. 15-23-504 · Lien Of Tax And Penalty
  20. 15-23-505 · Assessment Of Royalties
  21. 15-23-506 · False Or Fraudulent Reports
  22. 15-23-507 · Taxation And Payment On Royalty Interests
  23. 15-23-508 · Lien Of Tax -- Enforcement Of Payment
  24. 15-23-509 · Repealed
  25. 15-23-510 · Through 15-23-514 Reserved
  26. 15-23-515 · Net Proceeds For Talc -- Statement -- Value
  27. 15-23-516 · Net Proceeds For Vermiculite -- Statement -- Value
  28. 15-23-517 · Net Proceeds For Limestone -- Statement -- Value
  29. 15-23-518 · Net Proceeds For Industrial Garnets And Byproducts --…
  30. 15-23-519 · And 15-23-520 Reserved
  31. 15-23-521 · Examination Of Records By Department
  32. 15-23-522 · Surface Ground And Improvements Not Exempt
  33. 15-23-523 · Dissolved Corporations To Make Returns On Net Proceeds Of…
  34. 15-23-601 · Repealed
  35. 15-23-602 · Repealed
  36. 15-23-603 · Repealed
  37. 15-23-604 · Repealed
  38. 15-23-605 · Repealed
  39. 15-23-606 · Repealed
  40. 15-23-607 · Repealed
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