Read more stories about
Montana Politics & Legislature >>

MATR Sponsor:

MATR Supporters:

Montana bill taxes out-of-state E-commerce firms more accurately

April 20, 2017View for printing

A bill designed to tax more accurately the profits of out-of-state firms that sell into Montana - particularly via the Internet, or other forms of electronic commerce - passed the Senate Wednesday and is on its way to Gov. Steve Bullock's desk.

House Bill 511, which applies to multi-state or multinational companies, tracks income from services sold into the state.

State Revenue Director Mike Kadas told MTN News that it will enable the state to accurately track the Montana income generated by e-commerce giants like Netflix or Amazon - and apply Montana corporate taxes to that income.

By Mike Dennison

Full Story: ... -accurately
No reader comments so far. Be the first to comment by clicking the button below.

Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

E-mail this page to a friend!