News
Montana revenue officials expect an average $72M annual funding loss to federal tax breaks
December 24, 2017 /
Federal tax cuts passed into law this week are likely to cut into Montana state revenue by $70 million a year, Montana’s Department of Revenue reported Friday.
Corporate income tax breaks, individual income tax deductions and the potential elimination of federal royalty payments would cut state revenue by $70.3 million in tax year 2018, Revenue Director Mike Kadas said.
By TOM LUTEY [email protected]
MATR Supporters (view all)
Posted in: Government News & Events
Sorry, we couldn't find any posts. Please try a different search.