Montana takes a different approach: no franchise tax at all. Instead, the state uses a corporate license tax that works as a straightforward corporate income tax.
If you run a C corporation or an LLC that chose corporate tax status, you'll pay Montana's license tax on actual profit earned in the state, not on assets or stock value. The rate? A flat 6.75% of net income, with a $50 minimum.
Beyond the corporate license tax, Montana imposes several other state-level taxes that affect businesses, including:
Penalties and compliance
Missing or delaying your Montana corporate license tax return can become expensive quickly and may result in the shutdown of business operations. Montana layers penalties, interest, and administrative sanctions that escalate the longer you wait. This includes:
Montana's corporate license tax calculations require detailed financial analysis. And while Discern doesn’t handle these complex tax filings, we can automate your Secretary of State compliance across all states where you operate.
Our platform manages registered agent services in all 51 jurisdictions and automates routine state filings, preventing the costly penalties and administrative chaos that come from missed deadlines. Ready to simplify your Montana compliance? Book a demo with Discern today.