59-10-205 - Tax on nonresident estate or trust.
59-10-205. Tax on nonresident estate or trust.
(1) Except as provided in Subsection (2), a tax is imposed on a nonresident estate or trustin an amount equal to the product of:
(a) the nonresident estate's or trust's state taxable income as determined under Section59-10-204; and
(b) the percentage listed in Subsection 59-10-104(2).
(2) The following are not subject to a tax imposed by this part:
(a) a nonresident estate or trust that is not required to file a federal income tax return forestates and trusts for the taxable year; or
(b) a nonresident trust taxed as a corporation.
Amended by Chapter 389, 2008 General Session