Montana

Montana Historic Rehabilitation Tax Credit Summary

• Applicable against the Montana corporate income tax and individual income tax.
• May offset 100% of a taxpayer’s liability.
• Excess credits carry forward 7 years. No carry back.
• No Recapture.
• Credits are allocable and transferable

Montana Film Tax Credit Summary

• Income tax offset.  
• Sunset date: None
• Credit must be utilized during year generated or within the 5-Year carryforward period.
• Certificated and transferable tax credit (one-time per tax year).
• Transferee must acquire the credit for a minimum of 85% of its value.
• Transfer fees apply.
• No other tax credit usage limitations apply.