Empowerment Zone Tax Credit (Montana)

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Last modified on February 12, 2015.

EZFeed Policy

Place Montana

Applies to States or Provinces Montana
Name Empowerment Zone Tax Credit (Montana)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy
Active Policy Yes

Implementing Sector State/Province

Program Administrator Montana Department of Revenue
Primary Website http://revenue.mt.gov/Portals/9/businesses/TaxIncentives_Relief/businesstax_incentives/Corporate_Tax%20Incentives_Credits.pdf

Last Review 2014-09-15


The Empowerment Zone Tax Credit allows for eligible businesses located in such zones a $500 credit against income tax liability for each qualifying employee the first year, $1,000 for the second year and $1,500 for the third year of employment. If the credit exceeds the taxpayers' income tax liability, the credit may be carried forward 7 years and carried back 3 years. In addition to the income tax credits, the employer is also entitled to a credit against the taxes imposed by the insurance premium tax.

Policy Contact

Department Montana Department of Revenue

Place Helena, Montana

Website http://revenue.mt.gov/

Authorities (Please contact the if there are any file problems.)

Authority 1: 15-31-134 MCA