Taxes

Preliminary results show recreational marijuana will stay in Yellowstone County.

In Gallatin County, commissioners want to use the funds for mental health services. But some pot shop owners say the tax would hurt their businesses.

“Montana businesses are supportive of comprehensive tax reform. CI-121 is neither comprehensive, nor is it even reform," the Montana Chamber of Commerce executive director said. "It is a clumsy bludgeon, similar to a bull in a china closet."

Filming in Montana of the hit cable show "Yellowstone" has added considerably to the state’s economy, according to a University of Montana study, which found the state has collected more than $10 million in tax revenue, added 527 jobs and saw more than $15 million spent on Montana-based products and services during filming.

Montanans have an extra week to file their income taxes after Gov. Greg Gianforte announced an extension Monday to the individual tax return deadline.

A study of income tax data in Montana shows that California, Washington and Colorado were the top three origin states of new residents that moved to Montana in 2020.

A proposed ballot initiative could change the way Montana assesses property taxes. If voters approve it, Constitutional Initiative 121 could upend the state’s tax system.

Butte-Silver Bow County is the latest local jurisdiction in Montana looking to add a local excise tax on cannabis sales.

The amount of tax collected last year from stays at Montana campgrounds, motels and hotels exceeded expectations.

Montana’s union for public employees and several private business owners say the attorney general and secretary of state didn’t properly vet a proposed constitutional initiative that would cap how much the state can tax property.