Montana Form PIRA is an annual report required under Montana law for farm implement and construction equipment dealers who rent equipment under a purchase incentive rental program. The report covers farm implements as defined in Montana Code Annotated 30-11-801 and construction equipment as defined in MCA 30-11-901, and it must be filed annually by March 31.
Qualification Rules For The Exemption
To qualify for the exemption, the equipment must meet all three of these conditions:
- Owned by a farm implement or construction equipment dealership
- Held for sale (inventory)
- Rented to a single user as an incentive for purchasing the property
Equipment does not qualify if any of these apply:
- Rented to a person for more than nine months
- Rented more than once to the same person
- Not owned by a farm implement or construction equipment dealership
Where To File Montana Form PIRA
Return the completed form to the local Montana Department of Revenue field office serving the county where your dealership is located. Mailing addresses and contact information for local field offices are available at MTRevenue.gov.
How To Complete Montana Form PIRA
Form Header
Purchase Incentive Rental Agreement Reporting Form / PIRA / V2 9/2022
This identifies the form name, abbreviation, and version; you don’t fill this in.
15-6-202, MCA, ARM 42.21.154 And 42.21.159
These are the legal authority references; you don’t fill this in.
Montana Law Requires Farm Implement And Construction Equipment Dealers To Report Annually By March 31…
This is the filing requirement notice; note the March 31 deadline.
Part I – Required Information
Dealership Name
Enter the legal name of your dealership.
FEIN
Enter your Federal Employer Identification Number.
Mailing Address
Enter your dealership’s mailing address.
City
Enter the city.
State
Enter the state.
ZIP
Enter the ZIP code.
Contact Name
Enter the name of the person the department should contact if they have questions about the report.
Contact Phone
Enter the contact person’s phone number.
Contact Email
Enter the contact person’s email address.
Part II – Complete The Table Below
This table lists each piece of equipment rented under your purchase incentive rental program during the reporting period.
Equipment Description
Describe the type of equipment (for example, tractor, excavator, combine, bulldozer).
Year New
Enter the year the equipment was new (the model year or year of manufacture).
Make/Model
Enter the manufacturer name and model designation.
County/Location Of Equipment
Enter the Montana county where the equipment is located while rented, or specify the location as appropriate.
Rental Begin Date
Enter the date the rental agreement started.
Rental End Date
Enter the date the rental agreement ended (or is scheduled to end).
Renter Name
Enter the name of the person or business renting the equipment.
For Auditing Purposes, The Department May Request Copies Of The Purchase Incentive Rental Program Agreements
This is a notice that you should keep copies of rental agreements on file because the department may ask for them during an audit.
Signature Section
Signature
The authorized person (dealer representative) signs here.
Date
Enter the date the form is signed.
Printed Name
Print the name of the person who signed.
Title
Enter the signer’s title (for example, owner, manager, accountant).
Questions And Contact Information
Questions? Call Us At (406) 444-6900, Or Montana Relay At 711 For Hearing Impaired
Use this contact information if you need help completing or filing the form.
Filing Checklist
- Confirm all equipment listed qualifies (owned by dealership, held for sale, rented to single user as purchase incentive, not rented to same person more than once, rental period does not exceed nine months).
- Complete Part I with accurate dealership and contact information.
- List each qualifying rental agreement in Part II.
- Sign and date the form.
- Submit by March 31 to your local Montana Department of Revenue field office.
- Keep copies of rental agreements for audit purposes.