Code · Utah · Title 59 — Revenue and Taxation · Chapter 7

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

95 words·~1 min read·/ut/title-59/chapter-7/59-7-305

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.

Renumbered and Amended by Chapter 2 , 1987 General Session