Montana Dept. of Revenue: Business Owners Must Report Equipment by March 1
Last updated 1/13/2021 at 10:09am
From Montana Department of Revenue
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 Trans Action Portal — TAP — at https://tap.dor.mt.gov .
The reporting deadline is March 1. The deadline must be met to avoid a 20 percent penalty.
All businesses must report the equipment they owned as of Jan. 1 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 eq...