HOME    SEARCH    ABOUT US    CONTACT US    HELP   
           
Rule: 42.9.204 Prev     Up     Next    
Rule Title: COMPOSITE RETURN - NET OPERATING LOSS
Add to My Favorites
Add to Favorites
Department: REVENUE
Chapter: PASS-THROUGH ENTITIES
Subchapter: Composite Returns
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

Printer Friendly Version

42.9.204    COMPOSITE RETURN - NET OPERATING LOSS

(1) Net operating losses pass through to the individual shareholders and partners and are not available for carryover or carryback on the entity return. When these shareholders and partners elect to be included in the composite return, they lose their ability to use their distributive share of the net operating losses.

History: 15-1-201, 15-30-2620, 15-31-501, MCA; IMP, 15-30-3312, MCA; NEW, 2010 MAR p. 174, Eff. 1/15/10.


 

 
MAR Notices Effective From Effective To History Notes
42-2-809 1/15/2010 Current History: 15-1-201, 15-30-2620, 15-31-501, MCA; IMP, 15-30-3312, MCA; NEW, 2010 MAR p. 174, Eff. 1/15/10.
Home  |   Search  |   About Us  |   Contact Us  |   Help  |   Disclaimer  |   Privacy & Security