Mont. Code § 15-32-610

Current through the 2023 Regular Session
Section 15-32-610 - Deduction for purchase of recycled material

In addition to all other deductions from Montana taxable income allowed in computing taxable income under Title 15, chapter 30, or from gross corporate income allowed in computing net income under Title 15, chapter 31, part 1, a taxpayer may deduct an additional amount equal to 10% of the taxpayer's expenditures for the purchase of recycled material that was otherwise deductible by the taxpayer as business-related expense in Montana.

§ 15-32-610, MCA

Amended by Laws 2021, Ch. 503,Sec. 33, eff. 1/1/2024, and applicable to income tax years beginning after December 31, 2023.
En. Sec. 5, Ch. 712, L. 1991; amd. Sec. 4, Ch. 568, L. 1993.