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Montana
By the Numbers

Montana Below is a snapshot of key features of Montana's tax system. (Scroll Down)
State & Local Revenue (FY10)
  • General Revenue, Own-Source (GROS): $5.3 billion
  • General Revenue as a Share of Income: 16.0%
  • Tax Revenue: $3.2 billion
  • Tax Revenue as Share of income: 9.6%
  • Personal Income Tax (Share of Tax Revenue): 22.2% (25 out of 51)
  • Corporate Income Tax (Share of Tax Revenue): 2.9 % ( 24 out of 51)
  • Sales & Excise Tax (Share of Tax Revenue): 16.8 % ( 47 out of 51)
  • Property Tax (Share of Tax Revenue): 39.8 % ( 12 out of 51)
  • Other Taxes (Share of Tax Revenue): 13.8 % (6 out of 51)
Personal Income Tax Features (2012)
  • Range of Tax Rates: 1% - 6.9%
  • Standard Deduction: $1,860-$4,200 ($3,720-$8,400 for Married Couples)
  • Personal Exemption: $2,240
  • Dependent Exemption: $2,240
  • Earned Income Tax Credit (EITC): None
  • Notable capital gains preference
Corporate Income Tax Features (2012)
  • Range of Tax Rates: 6.75%
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 33%
  • Apportionment Factor (Property): 33%
  • Apportionment Factor (Sales): 33%
Sales Tax Features (2012)
  • State Sales Tax Rate: N/A
  • Average Local Sales Tax Rate: N/A
  • Average Combined State & Local Sales Tax Rate: N/A
  • State Sales Tax Treatment of Groceries: N/A
  • Local Sales Tax Treatment of Groceries: N/A
  • Number of Services Taxed: 18 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: No
  • Taxes consumption of industrial and residential utility use
Property Tax Features (2012)
  • Property tax rate is reduced for low-income homeowners.
  • Utilizes split roll system.
Other Tax & Revenue Features (2012)
  • Gasoline Tax Rate (per gallon): $0.278
  • Diesel Tax Rate (per gallon): $0.286
  • Cigarette Tax Rate (per pack): $1.70
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $45 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: Personal income tax only

Last Updated October 4, 2012

Sources & Glossary