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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-31-503

Deficiency Assessment -- Notice -- Penalty And Interest

Official textleg.mt.gov

15-31-503 . Deficiency assessment -- notice -- penalty and interest.

# (1)

If the department determines that the amount of tax due is greater than the amount disclosed by the return, it shall mail to the taxpayer a notice, pursuant to 15-1-211 , of the additional tax proposed to be assessed. The taxpayer may seek review of the determination pursuant to 15-1-211 .

# (2)

Penalty and interest on any deficiency assessment must be calculated from the date specified in 15-31-502 for payment of the tax. Penalty and interest must be added to the deficiency as provided in 15-1-216 . A certificate by the department of the mailing of the notice specified in subsection (1) is prima facie evidence of the computation and levy of the deficiency in tax and of the giving of the notice.

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In this chapter (40 sections)
  1. 15-31-311 · Receipts Factor For Receipts In This State
  2. 15-31-312 · Apportionment Formula -- Unitary Business Provisions
  3. 15-31-313 · Rules
  4. 15-31-314 · Through 15-31-320 Reserved
  5. 15-31-321 · Definitions
  6. 15-31-322 · Water's-Edge Election
  7. 15-31-323 · Apportionment Factors
  8. 15-31-324 · Water's-Edge Election Period -- Consent -- Change Of…
  9. 15-31-325 · Treatment Of Dividends
  10. 15-31-326 · Domestic Disclosure Spreadsheet
  11. 15-31-401 · Application Of Corporate Income Tax And Alternative…
  12. 15-31-402 · Short Title -- Administration Of Part
  13. 15-31-403 · Rate Of Tax Imposed -- Income From Sources Within State…
  14. 15-31-404 · Offset For Corporate Income Taxes -- Alternative Corporate…
  15. 15-31-405 · Information Return -- Period For Assessment Of Tax
  16. 15-31-406 · Corporate Income Tax Sections Incorporated By Reference
  17. 15-31-407 · Employment Of Personnel -- Rules
  18. 15-31-408 · Repealed
  19. 15-31-501 · Department Rules -- Conformance With Internal Revenue Code
  20. 15-31-502 · Assessment And Payment Of Tax -- Estimated Tax Payment --…
  21. 15-31-503 · Deficiency Assessment -- Notice -- Penalty And Interest
  22. 15-31-504 · Estimated Tax On Failure To File
  23. 15-31-505 · Subpoenas -- Investigation Of Income, And Shifting
  24. 15-31-506 · Copy Of Federal Return Required -- Report Of Amended…
  25. 15-31-507 · Repealed
  26. 15-31-508 · Repealed
  27. 15-31-509 · Periods Of Limitation
  28. 15-31-510 · Estimated Payments -- Tax Returns -- Penalty And Interest
  29. 15-31-511 · Confidentiality Of Tax Records
  30. 15-31-512 · Through 15-31-520 Reserved
  31. 15-31-521 · Closing Agreements
  32. 15-31-522 · When Immediate Payment Demanded
  33. 15-31-523 · Suspension Or Forfeiture On Delinquency
  34. 15-31-524 · Reviver Of Corporation After Suspension Or Forfeiture
  35. 15-31-525 · Levy Upon And Sale Of Property
  36. 15-31-526 · Action By Attorney General
  37. 15-31-527 · Repealed
  38. 15-31-528 · Through 15-31-530 Reserved
  39. 15-31-531 · Credit For Overpayment -- Interest On Overpayment
  40. 15-31-532 · Application For Refund -- Appeal From Denial
Full table of contents →