59-10-205. Tax on nonresident estate or trust.
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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 trust in an amount equal to the product of:
(a)the nonresident estate's or trust's state taxable income as determined under Section 59-10-204 ; 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 for estates and trusts for the taxable year; or
(b)a nonresident trust taxed as a corporation.
Amended by Chapter 389 , 2008 General Session