{"data":{"id":"us-mt/15-30-3327","jurisdiction":"us-mt","citation":"15-30-3327","heading":"Making pass-through entity tax election.","body":"(1) The election must be made annually no later than the due date, including extensions, of the pass-through entity's tax return as prescribed by 15-30-3302. The election for a tax year is irrevocable for the year it is made.\n(2) The pass-through entity must designate a Montana pass-through entity representative who is authorized to make the election to subject the pass-through entity to the tax provided for in 15-30-3325 through 15-30-3328.\n(a) The Montana pass-through entity representative acts on behalf of the pass-through entity for the applicable tax year.\n(b) With respect to an action required or permitted to be taken by a pass-through entity under 15-30-3325 through 15-30-3328 and a proceeding under 15-1-211 with respect to the action, the Montana pass-through entity representative for the tax year has the sole authority to act on behalf of the pass-through entity, and the pass-through entity's direct owners and indirect owners are bound by those actions.\n(c) The department may establish reasonable qualifications and procedures for designating a person to be the Montana pass-through entity representative.\n(3) Nothing in this section prevents a pass-through entity that does not have business activity in the state during the tax year but that does have resident owners from electing to pay the entity tax.","path":["TITLE 15. TAXATION","CHAPTER 30. INDIVIDUAL INCOME TAX","Part 33. Small Business and Pass-Through Entities"],"source_url":"https://mca.legmt.gov/bills/mca/title_0150/chapter_0300/part_0330/section_0270/0150-0300-0330-0270.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:47:21Z","sha256":"538b0830c8303a9b8a29123629d04efde8f83358185e900e13df72a592577ce0","source_id":"us-mt","stale":false,"prev":"us-mt/15-30-3326","next":"us-mt/15-30-3328"},"notice":"GroundRules: Original legal text. Not legal advice."}