Montana Business Taxes and License & Permit Requirements

General tax structure - The corporate income tax rate for firms operating in Montana is 6.75% of its taxable net income. The tax rate is only applied to that portion of net income attributable to a company's Montana operations.

Business real property (land, buildings, etc.) and business equipment are subject to an ad-valorem tax in the State of Montana. All non-exempt property is taxed based on its full market value. Different classes of property are subject to different assessment rates.

Businesses which pay employees must register with the state and pay state unemployment and withholding taxes.  Self-employed individuals who pay themselves wages from their business are also subject to unemployment and withholding taxes.

Sales taxes - Montana has no state sales tax, but some municipalities have up to a 3% sales tax.

Business licenses - Nearly every state agency has some kind of license, fee or permit.  Montana has one point of contact for obtaining or renewing a majority of the licenses required to operate a business.  Montana Business Licensing Guide

Information Links –

Montana State Sales Tax Rates and Requirements

Montana Deptartment of Revenue -Most tax related questions

Montana Business Assistance -Information on starting an LLC or corporation

Montana Department of Labor and Industry - Information on specific industry regulations

Similar Topics:



Blogs that mention this article

[...] Looking for more on Montana? Montana Business Taxes and License & Permit Regulations [...]