The state tax rate table has been revised to provide for seven tax brackets with marginal rates ranging from 1% to 6.9%. The tax rate reductions are effective beginning with tax year 2005.

The DOR has revised the withholding tax tables for tax year 2005 to reflect these new tax rates and tax brackets. The revised 2005 Withholding Tax Tables are now available on the department's website and a booklet will be mailed to employers in November 2004.

Discuss this news item in the PayPerShop Forum

...back to 18 November 2004

Further information:
www.discoveringmontana.com/...