UTAH CODE (Last Updated: January 16, 2015) |
Title 59. Revenue and Taxation |
Chapter 11. Inheritance Tax Act |
§ 59-11-103. Tax on transfer of taxable estate of residents -- Amount -- Credit -- Property of a resident defined.
Latest version.
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(1) A tax in the amount of the federal credit is imposed on the transfer of the taxable estate of every resident, subject to the credit provided for in Subsection (2). (3) Property of a resident includes: (a) real property located in this state; (b) tangible personal property having actual situs in this state; and (c) intangible personal property owned by the resident regardless of where it is located.
Renumbered and Amended by Chapter 2, 1987 General Session