Utah Statutes

§ 59-7-305 — When taxable in another state.

Utah·Title 59 Revenue and Taxation·Ch. 59-7 Corporate Franchise and Income Taxes·Part 59-7-3 Allocation and Apportionment of Income - Utah UDITPA Provisions

For purposes of allocation and apportionment of income under this part, a taxpayer is taxable in another state if:

(1)in that state the taxpayer is subject to a net income tax, a franchise tax measured by net income, a franchise tax for the privilege of doing business, or a corporate stock tax; or
(2)that state has jurisdiction to subject the taxpayer to a net income tax regardless of whether, in fact, the state does or does not.

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Legislative History

Renumbered and Amended by Chapter 2, 1987 General Session

Nearby Sections

15
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