UTAH CODE (Last Updated: January 16, 2015) |
Title 59. Revenue and Taxation |
Chapter 10. Individual Income Tax Act |
Part 1. Determination and Reporting of Tax Liability and Information |
§ 59-10-104. Tax basis -- Tax rate -- Exemption.
Latest version.
-
(1) For taxable years beginning on or after January 1, 2008, a tax is imposed on the state taxable income of a resident individual as provided in this section. (2) For purposes of Subsection (1), for a taxable year, the tax is an amount equal to the product of: (a) the resident individual's state taxable income for that taxable year; and (b) 5%. (3) This section does not apply to a resident individual exempt from taxation under Section 59-10-104.1.
Amended by Chapter 389, 2008 General Session