{"data":{"id":"us-mt/15-53-140","jurisdiction":"us-mt","citation":"15-53-140","heading":"Credit for taxes paid on worthless account -- taxes paid if account collected.","body":"(1) The retail telecommunications excise taxes paid on an accrual basis by a telecommunications services provider filing a return under 15-53-139 on sales found to be worthless and actually deducted by the person as bad debt for federal income tax purposes may be credited on a subsequent payment of the tax.\n(2) If the accounts are subsequently collected, the retail telecommunications excise tax must be paid on the amount collected.","path":["TITLE 15. TAXATION","CHAPTER 53. RETAIL TELECOMMUNICATIONS EXCISE TAX","Part 1. General Provisions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0150/chapter_0530/part_0010/section_0400/0150-0530-0010-0400.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:47:42Z","sha256":"116ebd0776fe96ecf42f378652664157c790fbac9343e032e1528f23b7499b3c","source_id":"us-mt","stale":false,"prev":"us-mt/15-53-139","next":"us-mt/15-53-141"},"notice":"GroundRules: Original legal text. Not legal advice."}