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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-31-543

Forfeiture Of Right To Engage In Business -- Penalties

Official textleg.mt.gov

15-31-543 . Forfeiture of right to engage in business -- penalties.

# (1)

A corporation that purposely fails to file a return at the time specified in 15-31-502 or that purposely files a false or fraudulent return may be adjudged by a court of competent jurisdiction to forfeit the right to continue to engage in business in the state as a corporation until the corporate income tax, together with all penalties, interest, and costs, is paid. The forfeiture may be enforced by proper proceedings in court.

# (2)

Each officer or employee of any corporation or other person who, without fraudulent intent, fails to file, sign, or verify any return or to supply any information within the time required by the provisions of this chapter is liable for the penalty imposed by 15-1-216 . The department shall assess and collect any penalty in the same manner as is provided in this chapter with regard to delinquent taxes.

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In this chapter (40 sections)
  1. 15-31-506 · Copy Of Federal Return Required -- Report Of Amended…
  2. 15-31-507 · Repealed
  3. 15-31-508 · Repealed
  4. 15-31-509 · Periods Of Limitation
  5. 15-31-510 · Estimated Payments -- Tax Returns -- Penalty And Interest
  6. 15-31-511 · Confidentiality Of Tax Records
  7. 15-31-512 · Through 15-31-520 Reserved
  8. 15-31-521 · Closing Agreements
  9. 15-31-522 · When Immediate Payment Demanded
  10. 15-31-523 · Suspension Or Forfeiture On Delinquency
  11. 15-31-524 · Reviver Of Corporation After Suspension Or Forfeiture
  12. 15-31-525 · Levy Upon And Sale Of Property
  13. 15-31-526 · Action By Attorney General
  14. 15-31-527 · Repealed
  15. 15-31-528 · Through 15-31-530 Reserved
  16. 15-31-531 · Credit For Overpayment -- Interest On Overpayment
  17. 15-31-532 · Application For Refund -- Appeal From Denial
  18. 15-31-533 · Through 15-31-540 Reserved
  19. 15-31-541 · Site Of Failure To Act -- Evidence
  20. 15-31-542 · Repealed
  21. 15-31-543 · Forfeiture Of Right To Engage In Business -- Penalties
  22. 15-31-544 · Action On False Or Fraudulent Return
  23. 15-31-545 · Repealed
  24. 15-31-546 · Through 15-31-550 Reserved
  25. 15-31-551 · Certified Copies Of Corporate Income Tax Returns To…
  26. 15-31-552 · Corporation Dissolution Or Withdrawal Certificates And Tax…
  27. 15-31-553 · Fees To Reimburse Department For Costs -- Deposit In…
  28. 15-31-554 · Returns To Which Sections Apply
  29. 15-31-601 · Repealed
  30. 15-31-602 · Repealed
  31. 15-31-603 · List Of Entities Furnished By Secretary Of State
  32. 15-31-604 · Repealed
  33. 15-31-605 · Repealed
  34. 15-31-606 · Repealed
  35. 15-31-607 · Repealed
  36. 15-31-701 · Repealed
  37. 15-31-702 · Repealed
  38. 15-31-703 · Moneyed Capital And Shares Of Banks Exempt
  39. 15-31-801 · Repealed
  40. 15-31-802 · Repealed
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