Form LFT Lodging Facility Sales and Use Tax - Montana

What Is Form LFT?

This is a legal form that was released by the Montana Department of Revenue - a government authority operating within Montana. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is LFT Lodging Facility Sales and Use Tax?
A: LFT Lodging Facility Sales and Use Tax is a tax imposed on lodging facilities in Montana.

Q: Who is responsible for paying LFT Lodging Facility Sales and Use Tax?
A: The owner or operator of the lodging facility is responsible for paying the tax.

Q: How is the LFT Lodging Facility Sales and Use Tax calculated?
A: The tax is calculated based on a percentage of the gross rental amount of the lodging facility.

Q: What is the current tax rate for LFT Lodging Facility Sales and Use Tax?
A: The current tax rate is 4% of the gross rental amount.

Q: Are there any exemptions or deductions available for LFT Lodging Facility Sales and Use Tax?
A: Yes, there are certain exemptions and deductions available, such as for long-term rentals and for certain nonprofit organizations.

Q: How often is the LFT Lodging Facility Sales and Use Tax collected?
A: The tax is collected on a monthly basis.

Q: What happens if I fail to file or pay the LFT Lodging Facility Sales and Use Tax?
A: Failure to file or pay the tax can result in penalties and interest charges.