Business Inventory Tax
Business inventory is exempt.
Corporate Income Tax
Montana's corporate tax structure consists of a flat rate of 6.75% on all corporate income. Qualified corporations may elect to pay an alternative tax of 1/2% of gross sales in Montana during the tax year.
Personal Income Tax
Montana's personal income tax system consists of ten separate brackets with a top rate of 11% starting at an income level of $76,200.
Personal Property Tax
Taxable. Montana is one of the 38 states that collect property taxes at both the state and local levels. Montana does not assess tax on intangible personal property.
State Sales and Use Tax
Base Rate: None
Machinery Rate: None
Unemployment Insurance
Montana charges new employers the average industry rate for 3 years.