Montana Code 15-50-308. Estimation of tax upon failure to file statement or pay tax — penalty and interest — notice
15-50-308. Estimation of tax upon failure to file statement or pay tax — penalty and interest — notice. (1) If a person fails to file the statement required by 15-50-206 within the time required or fails to pay the tax required by this chapter on or before the date payment is due, the department shall determine as best it may the total gross income of the person from its contracting business within this state during the quarter.
Terms Used In Montana Code 15-50-308
- Department: means the department of revenue as provided in 2-15-1301. See Montana Code 15-50-101
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)The department shall compute the amount of license taxes due, including penalty and interest as provided in 15-1-216, from the person and shall mail to the person a letter and tax assessment statement setting forth the amount of delinquent license tax, penalty, and interest due. The letter must advise that if payment is not made, a warrant for distraint may be filed.