Form Rtet - Retail Telecommunication Excise Tax (2007) Page 2
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3MONTANA
RTET
Rev. 2-07
Retail Telecommunication Excise Tax
15-53-130, MCA
Return and Instructions
Please note:
You may request to file on an accrual basis and/or on an electronic basis by sending in a
written request.
You may request to file annually. If the total amount of the telecommunications excise
tax due is less than $50 in each of the quarters during the preceding calendar year, the
taxpayer may file an annual return in lieu of filing quarterly returns, provided the annual
return is filed along with full payment within 60 days after the close of the calendar year.
Lines 7 & 8:
Enter total gross revenue, exclusionary revenue, wholesale revenue, and retail revenue.
Line 9:
Multiply line 8, total retail revenue, by 0.0375 (3.75).
Line 10:
Enter previously remitted tax found to be uncollectible and deducted as bad debt for
federal income tax purposes.
Line 11:
Enter recapture of taxes collected and previously written off as bad debts.
Line 12:
Enter tax due (sum of lines 9, 10 and 11).
Lines 13 & 14:
If your return/payment is delinquent, you are subject to penalty and interest. Interest on
late tax payments must bear interest until paid at a rate of 12% a year, computed from the
original due date of the return. A penalty of 1.5% a month on unpaid taxes, not to exceed
18% of the tax due, is assessed on late payments. A penalty of $50 or the amount of the
tax due, whichever is less, is assessed on late filed returns.
Line 15:
Enter total amount due (sum of lines 12, 13 and 14).
Line 16:
Enter internet access revenues.
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