Utah Statutes
§ 59-7-804 — Transition rule -- Net loss carryforwards.
Utah·Title 59 Revenue and Taxation·Ch. 59-7 Corporate Franchise and Income Taxes·Part 59-7-8 Unrelated Business Income
Net operating losses shall be recognized to the extent recognized for federal purposes even if incurred prior to the effective date of this part.
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Legislative History
Enacted by Chapter 178, 1994 General Session
Nearby Sections
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