Cooperatives and foreign corporations transacting business in this state pursuant to the provisions of this chapter, except as provided in 10-4-201 and 15-53-138, are exempt from all excise and income taxes.
Mont. Code Ann. § 35-18-503
Exemption from taxes
Known as the Rural Electric and Telephone Cooperative Act
The act spans §§ 35–35 (52 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.