UTAH CODE (Last Updated: January 16, 2015) |
Title 59. Revenue and Taxation |
Chapter 7. Corporate Franchise and Income Taxes |
Part 8. Unrelated Business Income |
§ 59-7-804. Transition rule -- Net loss carryforwards.
Latest version.
- Net operating losses shall be recognized to the extent recognized for federal purposes even if incurred prior to the effective date of this part.
Enacted by Chapter 178, 1994 General Session