There is NO General Sales Tax in Montana! It's hard for visitors to get used to but when you purchase something for $2.99 in Montana - you only pay $2.99 at the register, not $3.10 or $3.21.

Montana does not charge tax on business purchases and there is no state or local excise tax on long distance telephone costs. Montana primarily uses property & income taxes to support public services.

The lack of sales tax means that many people come to Montana to make large purchases - on cars, motorhomes, and even appliances & home electronics. One Montana retailer does a huge amount of business selling appliances & home electronics online because there is no sales tax, even when they ship to out-of-state customers.

Montana does have an accomodations or "bed tax" of 7% however. This applies to all stays under 30 days in a hotel, vacation rental, or cabin.

Individual State Taxes  And, out of the 50 states, Montana ranks NUMBER SEVEN in income remaining after state and local taxes. Montanans have approx. 90.4% of their income left after paying state and local taxes - which is 8.5% more than the national average!

Personal income tax in Montana is assessed at a rate of 2-8% of taxable income.

General Business Taxes Montana levies a flat corporate tax of 6.75% of net income or $50 - whichever is greater. This compares with corporate tax rates of 9.3% IN California and 8% in Idaho.

So if you're ready to live in Montana, contact Kevin & Monica Ray at Streamside Realty. We'll help make your Montana real estate dreams come true!

*******

Kevin & Monica Ray are real estate sales and marketing professionals for Streamside Realty in beautiful Western Montana. For more information on Western Montana, they can be reached at 406-207-1185 or online at www.YourMT.com.