- March 31
- March 1
|Minimum Annual tax is $25|
Metal production subject to the Metal Mines License tax is exempt from RIT (15-38-113, MCA).
Royalties exempt from taxation:
- An enrolled Indian Tribe
- The US government as a trustee for individual Indians
- The US government
- The State of Montana
- Counties or municipalities in Montana
Oil and Natural Gas production taxes include RIT. Filing a separate RIT is not required.
Reporting and Payment Options
- File and pay through our TransAction Portal (TAP)
- Use the reporting forms
The Form RIT is due:
- Metal Producers
- March 31
- Other Producers
- 60 Days after the end of the calendar year (March 1)
Penalties and Interest
The Resource Indemnity Trust & Ground Water Assessment Tax is subject to uniform penalties and interest.
The Resource Indemnity Trust Fund secures the citizens of Montana from the loss of long-term value from depleted natural resources and environmental damage caused by mineral development.
The state Board of Investments manages the fund.