State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-07 > 59-7-201

59-7-201. Tax -- Minimum tax.
(1) There is imposed upon each corporation except those exempt under Section 59-7-102for each taxable year, a tax upon its Utah taxable income derived from sources within this stateother than income for any period which the corporation is required to include in its tax base underSection 59-7-104.
(2) The tax imposed by Subsection (1) shall be 5% of a corporation's Utah taxableincome.
(3) In no case shall the tax be less than $100.

Amended by Chapter 169, 1993 General Session

State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-07 > 59-7-201

59-7-201. Tax -- Minimum tax.
(1) There is imposed upon each corporation except those exempt under Section 59-7-102for each taxable year, a tax upon its Utah taxable income derived from sources within this stateother than income for any period which the corporation is required to include in its tax base underSection 59-7-104.
(2) The tax imposed by Subsection (1) shall be 5% of a corporation's Utah taxableincome.
(3) In no case shall the tax be less than $100.

Amended by Chapter 169, 1993 General Session


State Codes and Statutes

State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-07 > 59-7-201

59-7-201. Tax -- Minimum tax.
(1) There is imposed upon each corporation except those exempt under Section 59-7-102for each taxable year, a tax upon its Utah taxable income derived from sources within this stateother than income for any period which the corporation is required to include in its tax base underSection 59-7-104.
(2) The tax imposed by Subsection (1) shall be 5% of a corporation's Utah taxableincome.
(3) In no case shall the tax be less than $100.

Amended by Chapter 169, 1993 General Session