GroundRules
Utah Code § 59-7-104: Tax -- Minimum tax.
Where this section sits in the code
- Title 59 Revenue and Taxation
- Chapter 59-7 Corporate Franchise and Income Taxes
- Part 59-7-1 Corporate Tax Generally
(1) Each domestic and foreign corporation, except a corporation that is exempt under Section 59-7-102, shall pay an annual tax to the state based on the corporation's Utah taxable income for the taxable year for the privilege of exercising the corporation's corporate franchise or for the privilege of doing business in the state.
(2) The tax shall be 4.45% of a corporation's Utah taxable income.
(3) The minimum tax a corporation shall pay under this chapter is $100.
Collected 2026-09-03T11:34:33Z. Source file · JSON