{"data":{"id":"us-ut/utah-code-59-8-104","jurisdiction":"us-ut","citation":"Utah Code § 59-8-104","heading":"Rate -- Change of rate.","body":"(1) Beginning on or after July 1, 2006, and subject to Section 11-13-303, an in lieu excise tax is imposed on the gross receipts of a taxpayer engaging in business in the state of Utah in each taxable year as follows:\nGross Receipts Amount | Rate of Tax\nNot in excess of $10,000,000 | None\nIn excess of $10,000,000 but not in excess of $500,000,000 | .6250%\nIn excess of $500,000,000 but not in excess of $1,000,000,000 | .9375%\nIn excess of $1,000,000,000 | 1.2500%\n(2) It is the intent of the Legislature that, as a result of the tax rate decrease provided in Section 59-8-104 of Chapter 221, Laws of Utah 2006, all or a portion of any cost decrease received by a taxpayer as a result of the tax rate decrease be used in whole or in part for expenditures, scholarships, or grants that will benefit the citizens of this state.","path":["Title 59 Revenue and Taxation","Chapter 59-8 Gross Receipts Tax on Certain Corporations Not Required to Pay Corporate Franchise or Income Tax Act"],"source_url":"https://le.utah.gov/xcode/Title59/Chapter8/59-8-S104.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"234057c1e86c9d60414c058231f907a4c847ad3eb0285fe74d5bd344e3e068aa","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-59-8-103","next":"us-ut/utah-code-59-8-105"},"notice":"GroundRules: Original legal text. Not legal advice."}