{"data":{"id":"us-ut/utah-code-59-7-503","jurisdiction":"us-ut","citation":"Utah Code § 59-7-503","heading":"Return where period changed.","body":"(1) If a corporation changes its taxable year in accordance with Section 59-7-502, a short period return shall be made for the period of less than 12 months between the close of the last taxable year for which a return was made and the close of the new taxable year.\n(2) Where a short period return is made under Subsection (1) on account of a change in the accounting period, and in any other case where a short period return is required or permitted by rules prescribed by the commission to be made for a fractional part of a year, the tax shall be calculated at the rate provided in Section 59-7-104 for the period covered by the return assignable to business done in Utah.","path":["Title 59 Revenue and Taxation","Chapter 59-7 Corporate Franchise and Income Taxes","Part 59-7-5 Procedures and Administration"],"source_url":"https://le.utah.gov/xcode/Title59/Chapter7/59-7-S503.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"092773cbe52dad2835ef16a30ada3e5673e7e86e0bdec09ec46eb54f09037fba","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-59-7-502","next":"us-ut/utah-code-59-7-504"},"notice":"GroundRules: Original legal text. Not legal advice."}