Montana Dept. of Revenue: Business Owners Must Report Equipment by March 1


January 20, 2021

HELENA – It’s time for businesses to report the equipment they own to the Montana Department of Revenue. Owners can report online using the department’s TransAction Portal (TAP) at

The reporting deadline is March 1, 2021, to avoid a 20 percent penalty. All businesses must report the equipment they owned as of Jan. 1, 2021, if the market value of their business equipment is more than $100,000 statewide. Owners must file the report even if there were no changes to their business equipment or if they closed or sold their business.

Those businesses whose statewide...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2023

Rendered 11/12/2023 21:52