Partnertax.ai
Start free trial →

Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-31-505

Subpoenas -- Investigation Of Income, And Shifting

Official textleg.mt.gov

15-31-505 . Subpoenas -- investigation of income, and shifting.

# (1)

Jurisdiction is hereby conferred upon the district court of the first judicial district of the state of Montana in and for the county of Lewis and Clark to compel attendance of witnesses to testify before the department of revenue, together with the production of books and such other testimony by appropriate process.

# (2)

When the department has reason to believe that the business of any corporation is so conducted as either directly or indirectly to distort the true net income of the corporation and the net income properly attributable to this state, whether by the arbitrary shifting of income through price fixing, charges for service, or otherwise, whereby the net income is arbitrarily assigned to one or another corporation carrying on business under a substantially common control, it may require the disclosure of such facts as it deems necessary for the proper computation of the entire net income and the net income properly attributable to this state, and in determining the same, the department shall have regard to the fair profits which would normally arise from the conduct of the business.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this chapter (40 sections)
  1. 15-31-313 · Rules
  2. 15-31-314 · Through 15-31-320 Reserved
  3. 15-31-321 · Definitions
  4. 15-31-322 · Water's-Edge Election
  5. 15-31-323 · Apportionment Factors
  6. 15-31-324 · Water's-Edge Election Period -- Consent -- Change Of…
  7. 15-31-325 · Treatment Of Dividends
  8. 15-31-326 · Domestic Disclosure Spreadsheet
  9. 15-31-401 · Application Of Corporate Income Tax And Alternative…
  10. 15-31-402 · Short Title -- Administration Of Part
  11. 15-31-403 · Rate Of Tax Imposed -- Income From Sources Within State…
  12. 15-31-404 · Offset For Corporate Income Taxes -- Alternative Corporate…
  13. 15-31-405 · Information Return -- Period For Assessment Of Tax
  14. 15-31-406 · Corporate Income Tax Sections Incorporated By Reference
  15. 15-31-407 · Employment Of Personnel -- Rules
  16. 15-31-408 · Repealed
  17. 15-31-501 · Department Rules -- Conformance With Internal Revenue Code
  18. 15-31-502 · Assessment And Payment Of Tax -- Estimated Tax Payment --…
  19. 15-31-503 · Deficiency Assessment -- Notice -- Penalty And Interest
  20. 15-31-504 · Estimated Tax On Failure To File
  21. 15-31-505 · Subpoenas -- Investigation Of Income, And Shifting
  22. 15-31-506 · Copy Of Federal Return Required -- Report Of Amended…
  23. 15-31-507 · Repealed
  24. 15-31-508 · Repealed
  25. 15-31-509 · Periods Of Limitation
  26. 15-31-510 · Estimated Payments -- Tax Returns -- Penalty And Interest
  27. 15-31-511 · Confidentiality Of Tax Records
  28. 15-31-512 · Through 15-31-520 Reserved
  29. 15-31-521 · Closing Agreements
  30. 15-31-522 · When Immediate Payment Demanded
  31. 15-31-523 · Suspension Or Forfeiture On Delinquency
  32. 15-31-524 · Reviver Of Corporation After Suspension Or Forfeiture
  33. 15-31-525 · Levy Upon And Sale Of Property
  34. 15-31-526 · Action By Attorney General
  35. 15-31-527 · Repealed
  36. 15-31-528 · Through 15-31-530 Reserved
  37. 15-31-531 · Credit For Overpayment -- Interest On Overpayment
  38. 15-31-532 · Application For Refund -- Appeal From Denial
  39. 15-31-533 · Through 15-31-540 Reserved
  40. 15-31-541 · Site Of Failure To Act -- Evidence
Full table of contents →