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Montana Code Annotated — Title 15 (Taxation)

Mont. Code Ann. § 15-8-104

Department Audit And Review Of Taxable Value -- Costs Paid By Department

Official textleg.mt.gov

15-8-104 . Department audit and review of taxable value -- costs paid by department.

# (1)

When in the judgment of the director of revenue it is necessary, audits may be made for the purpose of determining the taxable value of net proceeds of mines and all other types of property subject to ad valorem taxation.

# (2)

The department may conduct reviews of the assessment of all commercial personal property to ensure that the value of the property in those classes reflects market value. Because the assessed value of commercial personal property is defined as market value under 15-8-111 (2), the review conducted by the department may be directed toward ensuring that all taxable personal property is reported to the department.

# (3)

The cost of any audit or review performed under subsection (1) or (2) must be paid by the department.

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In this chapter (40 sections)
  1. 15-8-101 · Department Responsibilities
  2. 15-8-102 · County To Furnish Office Space -- Allowable Charge
  3. 15-8-103 · Repealed
  4. 15-8-104 · Department Audit And Review Of Taxable Value -- Costs Paid…
  5. 15-8-105 · Repealed
  6. 15-8-106 · Repealed
  7. 15-8-107 · Through 15-8-110 Reserved
  8. 15-8-111 · Appraisal -- Market Value Standard -- Exceptions
  9. 15-8-112 · Assessments To Be Made On Classification And Appraisal
  10. 15-8-113 · Appeal From Percentage Assignment
  11. 15-8-114 · Repealed
  12. 15-8-115 · Department To Defend Property Tax Appeals -- Costs And…
  13. 15-8-116 · Through 15-8-119 Reserved
  14. 15-8-120 · Restricted Access To Income And Expense Information…
  15. 15-8-201 · General Assessment Day
  16. 15-8-202 · Motor Vehicle Assessment By Department Of Justice
  17. 15-8-203 · Repealed
  18. 15-8-204 · Supplemental Assessment
  19. 15-8-205 · Initial Assessment Of Class Four Trailer, Manufactured Home,…
  20. 15-8-301 · Statement -- What To Contain
  21. 15-8-302 · Repealed
  22. 15-8-303 · Statement To Be Completed And Returned To Department
  23. 15-8-304 · Enforcement Powers Of Department
  24. 15-8-305 · Repealed
  25. 15-8-306 · Property Concealed Or Misrepresented
  26. 15-8-307 · Land Assessment
  27. 15-8-308 · Assessment Not Illegal For Informality Or Delay
  28. 15-8-309 · Violation And Penalty
  29. 15-8-401 · Consigned Property
  30. 15-8-402 · Property Of Person
  31. 15-8-403 · Repealed
  32. 15-8-404 · Property Of Particular Types Of Firms
  33. 15-8-405 · Street Railroads, Bridges, And Ferries
  34. 15-8-406 · Assessment Of Public Utilities In One County
  35. 15-8-407 · Railroads
  36. 15-8-408 · Personal Property
  37. 15-8-409 · Property Not Otherwise Specified
  38. 15-8-501 · Assessment Of Unknown Or Absent Owners
  39. 15-8-502 · Representative Status To Be Designated
  40. 15-8-503 · Undistributed Property Of Deceased Persons
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