Utah Statutes
§ 59-10-510 — Return of electing small business corporation.
Utah·Title 59 Revenue and Taxation·Ch. 59-10 Individual Income Tax Act·Part 59-10-5 Procedure and Administration
An electing small business corporation, as defined in Section 1362, Internal Revenue Code, shall make a return for each taxable year, stating specifically:
(1)the items of the electing small business corporation's gross income and the deductions allowable by Subtitle A, Internal Revenue Code;
(2)the names and addresses of all persons owning stock in the electing small business corporation at any time during the taxable year;
(3)the number of shares of stock owned by each shareholder at all times during the taxable year to each shareholder;
(4)the date of each distribution to a shareholder; and
(5)other information as the commission may prescribe by:
(5)(a) form; or
(5)(b) administrative rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act.
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 59-10-510 (Return of electing small business corporation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 182, 2025 General Session
Nearby Sections
15
§ 59-1-1001
Statement of taxpayer rights.§ 59-1-1002
Audit interviews.§ 59-1-1003
Penalty waiver.§ 59-1-1004
Installment payments.§ 59-1-1005
Suits against commission and its employees.§ 59-1-101
Definitions.§ 59-1-103
Income Tax Surplus Restricted Account.§ 59-1-1101
Private collection of tax -- Fee.§ 59-1-1302
Definitions.