42.31.505    ANNUAL PAYMENTS FOR SMALL FILERS

(1) For the telephone license tax and the telecommunications excise tax, if the total amount of tax due is less than $50 in each of the quarters during the preceding calendar year, the taxpayer may file an annual return in lieu of filing the quarterly returns, provided the annual return is filed along with full payment within 60 days after the close of the calendar year.

History: 15-53-155, MCA; IMP, 15-53-155, MCA; NEW, 1991 MAR p. 131, Eff. 2/1/91; AMD, 1999 MAR p. 2914, Eff. 12/17/99; AMD, 2003 MAR p. 25, Eff. 1/17/03.