42.26.301    WATER'S-EDGE ELECTION

(1) Only multinational corporations subject to the Montana corporate income tax may apportion income under a water's-edge, unitary combination method as set forth in 15-31-322, MCA.

 

History: 15-31-501, MCA; IMP, 15-31-322, MCA; NEW, 1988 MAR p. 278, Eff. 2/12/88; TRANS, from 42.26.213, 2001 MAR p. 2469, Eff. 12/21/01; AMD, 2016 MAR p. 2198, Eff. 11/26/16.