Biennial Report of the Montana Department of Revenue for the Period ... 2006
Biennial Report of the Montana Department of Revenue for the Period ... 2006
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If an owner of a manufactured home classified as an improvement wishes to restore a certificate of title to move the home, therefore, having the manufactured home considered personal property, SB261 requires that the owner must file a statement of reversal of declaration with the county clerk and recorder. If a statement of reversal of declaration is not filed, the manufactured home will continue to be assessed as real property even after the home is moved.
The bill also clarifies the processes... of manufactured home titling and title transferring.
SB296 changes the eligible income test and other criteria the Department of Revenue considers when assessing 20 to 160 acre tracts for agricultural land classification. The new law makes land that is farmed or ranched along with a family operation eligible for agricultural land classification if: • the owner is involved in agricultural production in the state and submits proof that 51% of the owner's Montana annual gross income is derived from agricultural production; 84 Property Taxes Montana Department of Revenue Property Taxes • the property taxes are paid by a family business entity involved in Montana agricultural production and 51% of the Montana gross income of the family business entity comes from agricultural production; or • the owner is a shareholder, partner, owner or member of the family business entity involved in agricultural production and more than 51% of the family business entity income comes from agricultural production in Montana.
What to read after Biennial Report of the Montana Department of Revenue for the Period ... 2006?
You can find similar books in the "Read Also" column, or choose other free books by Montana.Dept. of Revenue to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If an owner of a manufactured home classified as an improvement wishes to restore a certificate of title to move the home, therefore, having the manufactured home considered personal property, SB261 requires that the owner must file a statement of reversal of declaration with the county clerk and recorder. If a statement of reversal of declaration is not filed, the manufactured home will continue to be assessed as real property even after the home is moved.
The bill also clarifies the processes... of manufactured home titling and title transferring.
SB296 changes the eligible income test and other criteria the Department of Revenue considers when assessing 20 to 160 acre tracts for agricultural land classification. The new law makes land that is farmed or ranched along with a family operation eligible for agricultural land classification if: • the owner is involved in agricultural production in the state and submits proof that 51% of the owner's Montana annual gross income is derived from agricultural production; 84 Property Taxes Montana Department of Revenue Property Taxes • the property taxes are paid by a family business entity involved in Montana agricultural production and 51% of the Montana gross income of the family business entity comes from agricultural production; or • the owner is a shareholder, partner, owner or member of the family business entity involved in agricultural production and more than 51% of the family business entity income comes from agricultural production in Montana.
What to read after Biennial Report of the Montana Department of Revenue for the Period ... 2006?
You can find similar books in the "Read Also" column, or choose other free books by Montana.Dept. of Revenue to read onlineMoreLess
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