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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-31-174

Corporate Income Tax Credit For Trades Education And Training

Official textleg.mt.gov

15-31-174 .  (Temporary) Corporate income tax credit for trades education and training.

# (1)

There is a tax credit against the taxes otherwise imposed by 15-31-101 , 15-31-121 , and 15-31-122 that is allowable in the amount established pursuant to 15-30-2359 for qualified education and training expenses incurred by an employer for the benefit of an employee. The credit is administered as provided in 15-30-2359 and this section.

# (2)

If the credit allowed under 15-30-2359 and this section is claimed by a small business corporation as defined in 15-30-3301 , a pass-through entity, or a partnership, the credit must be attributed to shareholders, owners, or partners using the same proportion as used to report the entity's income or loss. (Terminates December 31, 2028--sec. 2, Ch. 576, L. 2023.)

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In this chapter (40 sections)
  1. 15-31-142 · Reports Upon Merger Of Corporations
  2. 15-31-143 · Return And Payment On Corporate Dissolution
  3. 15-31-144 · Through 15-31-149 Reserved
  4. 15-31-150 · Repealed
  5. 15-31-151 · Credit For Preservation Of Historic Buildings
  6. 15-31-152 · Repealed
  7. 15-31-153 · Through 15-31-157 Reserved
  8. 15-31-158 · Credit For Providing Supplemental Funding To Public Schools…
  9. 15-31-159 · Qualified Education Corporate Credit For Contributions To…
  10. 15-31-160 · Reserved
  11. 15-31-161 · Credit For Contribution By Corporations To Qualified…
  12. 15-31-162 · Small Business Corporation, Partnership, And Limited…
  13. 15-31-163 · Capital Gain Exclusion From Sale Of Mobile Home Park
  14. 15-31-164 · Notification Of Mobile Home Park Owners
  15. 15-31-165 · Account For Notification Of Mobile Home Park Owners
  16. 15-31-166 · Through 15-31-169 Reserved
  17. 15-31-170 · Terminated
  18. 15-31-171 · Repealed
  19. 15-31-172 · Small Business Corporation -- Deduction For Donation Of…
  20. 15-31-173 · Tax Credit For Hiring Registered Apprentices Or Veteran…
  21. 15-31-174 · Corporate Income Tax Credit For Trades Education And…
  22. 15-31-175 · Grow Montana Jobs -- Annual Job Growth Incentive Tax Credit
  23. 15-31-201 · Renumbered 15-30-1101
  24. 15-31-202 · Repealed
  25. 15-31-203 · Renumbered 15-30-1121
  26. 15-31-204 · Repealed
  27. 15-31-205 · Repealed
  28. 15-31-206 · Repealed
  29. 15-31-207 · Repealed
  30. 15-31-208 · Repealed
  31. 15-31-209 · Repealed
  32. 15-31-301 · Corporations Subject To Allocation And Apportionment
  33. 15-31-302 · Definitions
  34. 15-31-303 · When Taxable In Another State
  35. 15-31-304 · Allocation Of Nonapportionable Income
  36. 15-31-305 · Apportionment Of Apportionable Income
  37. 15-31-306 · Repealed
  38. 15-31-307 · Repealed
  39. 15-31-308 · Repealed
  40. 15-31-309 · Repealed
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