Chapter 07 - Corporate Franchise and Income Taxes
- 59-7-101 (Superseded 01/01/11) - Definitions.
- 59-7-102 - Exemptions.
- 59-7-103 - Chapter applicable to receivers, trustees in bankruptcy and assignees.
- 59-7-104 - Tax -- Minimum tax.
- 59-7-105 (Superseded 01/01/11) - Additions to unadjusted income.
- 59-7-106 (Superseded 01/01/11) - Subtractions from unadjusted income.
- 59-7-107 - Basis.
- 59-7-108 - Distributions by corporations.
- 59-7-109 - Charitable contributions.
- 59-7-110 - Utah net losses -- Carryforwards and carrybacks -- Deduction.
- 59-7-111 - Safe harbor lease provisions.
- 59-7-112 - Installment sales.
- 59-7-113 - Allocation of income and deductions between several corporations controlled by same interests.
- 59-7-114 - Section 338, Internal Revenue Code -- Elections.
- 59-7-115 - Section 336(e), Internal Revenue Code -- Elections.
- 59-7-116 - Taxation of regulated investment companies.
- 59-7-116.5 - Real estate investment trusts.
- 59-7-117 - Equitable adjustments.
- 59-7-201 - Tax -- Minimum tax.
- 59-7-203 - Computation of Utah taxable income.
- 59-7-204 - Income attributed to sources within the state.
- 59-7-205 - Applicability of Parts 5 and 6 of chapter.
- 59-7-206 - Offsets against tax.
- 59-7-207 - Corporations becoming subject to tax -- Assessment under other sections.
- 59-7-208 - Provisions followed for purposes of tax collected.
- 59-7-302 - Definitions -- Determination of when a taxpayer is considered to be a sales factor weighted taxpayer.
- 59-7-303 - Apportionable income.
- 59-7-305 - When taxable in another state.
- 59-7-306 - Allocation of certain nonbusiness income.
- 59-7-307 - Allocation of rents and royalties.
- 59-7-308 - Allocation of capital gains and losses.
- 59-7-309 - Allocation of interest and dividends.
- 59-7-310 - Allocation of patent and copyright royalties.
- 59-7-311 - Method of apportionment of business income.
- 59-7-312 - Property factor for apportionment of business income -- Mobile flight equipment of an airline.
- 59-7-313 - Valuation of property for inclusion in property factor.
- 59-7-314 - Averaging property values for inclusion in property factors.
- 59-7-315 - Payroll factor for apportionment of business income -- Compensation of flight personnel by an airline.
- 59-7-316 - Determination of compensation for inclusion in payroll factor.
- 59-7-317 - Sales factor for apportionment of business income -- Transportation revenues of an airline.
- 59-7-318 - Sales of tangible personal property.
- 59-7-319 - Receipt, rent, royalty, or sale in connection with other than tangible personal property -- When considered to be in this state.
- 59-7-320 - Equitable adjustment of standard allocation or apportionment.
- 59-7-321 - Construction.
- 59-7-401 - Determining threshold level of business activity for corporations organized or incorporated outside of the United States.
- 59-7-402 - Water's edge combined report.
- 59-7-403 - Worldwide combined report.
- 59-7-404 - Calculation of unadjusted income for combined reporting.
- 59-7-404.5 - Adjustment to apportionment factors for corporations in a combined report -- Sales factor -- Property factor.
- 59-7-405 - Commission empowered to make rules.
- 59-7-501 - Accounting periods -- Methods of accounting.
- 59-7-502 - Change of taxable year or accounting period.
- 59-7-503 - Return where period changed.
- 59-7-504 - Estimated tax payments -- Penalty -- Waiver.
- 59-7-505 - Returns required -- When due -- Extension of time -- Exemption from filing.
- 59-7-507 - Payment of tax.
- 59-7-508 - Audit of returns.
- 59-7-509 - Failure to file return -- Penalty.
- 59-7-510 - Deficiency -- Interest.
- 59-7-511 - Penalty added to underpayments.
- 59-7-512 - Addition to tax in case of nonpayment.
- 59-7-513 - Interest when time for payment extended.
- 59-7-514 - Extension of time to pay deficiency.
- 59-7-515 - Interest when deficiency extended.
- 59-7-519 - Period of limitation for making assessments -- Change, correction, or amendment of federal income tax -- Duty of corporation to notify state -- Extensions.
- 59-7-522 - Overpayments.
- 59-7-528 - Failure to make return or supply information -- Penalty.
- 59-7-529 - General violations and penalties.
- 59-7-530 - Power to waive penalties or interest.
- 59-7-531 - Venue of offenses -- Evidence.
- 59-7-532 - Revenue received by commission -- Deposit with state treasurer -- Distribution or crediting to Education Fund -- Refund claim payments.
- 59-7-533 - Interest on overpayments.
- 59-7-534 - Failure to pay tax -- Suspension or forfeiture of corporate rights.
- 59-7-535 - Doing business thereafter -- Penalty.
- 59-7-536 - Relief in case of suspension or forfeiture.
- 59-7-537 - Confidentiality of information.
- 59-7-601 - Credit of interest income from state and federal securities.
- 59-7-602 - Credit for cash contributions to sheltered workshops.
- 59-7-603 - Credit for sophisticated technological equipment donated to schools.
- 59-7-605 - Definitions -- Tax credit -- Cleaner burning fuels.
- 59-7-606 - Tax credit -- Items using cleaner burning fuels.
- 59-7-607 - Utah low-income housing tax credit.
- 59-7-608 - Targeted jobs tax credit.
- 59-7-609 - Historic preservation credit.
- 59-7-610 - Recycling market development zones tax credit.
- 59-7-612 - Tax credits for research activities conducted in the state -- Carry forward -- Commission to report modification or repeal of certain federal provisions -- Utah Tax Review Commission study.
- 59-7-613 - Tax credits for machinery, equipment, or both primarily used for conducting qualified research or basic research -- Carry forward -- Commission to report modification or repeal of certain f
- 59-7-614 - Renewable energy systems tax credit -- Definitions -- Limitations -- Certification -- Rulemaking authority.
- 59-7-614.1 - Refundable tax credit for hand tools used in farming operations -- Procedures for refund -- Transfers from General Fund to Education Fund -- Rulemaking authority.
- 59-7-614.2 - Refundable economic development tax credit.
- 59-7-614.3 - Nonrefundable tax credit for qualifying solar projects.
- 59-7-614.4 - Tax credit for pass-through entity taxpayer.
- 59-7-614.5 - Refundable motion picture tax credit.
- 59-7-615 - Removal of tax credit from tax form and prohibition on claiming or carrying forward a tax credit -- Conditions for removal and prohibition on claiming or carrying forward a tax credit -- Co
- 59-7-701 - Taxation of S corporations -- Revenue and Taxation Interim Committee study.
- 59-7-705 - Minimum tax not applicable to an S corporation.
- 59-7-706 - Distribution and credit of revenues.
- 59-7-707 - Commission rulemaking authority.
- 59-7-801 - Definitions.
- 59-7-802 - Taxation of unrelated business income.
- 59-7-803 - Filing returns -- Extension.
- 59-7-804 - Transition rule -- Net loss carryforwards.
- 59-7-805 - Apportionment provisions.