(1) |
Terms Used In Utah Code 59-10-1102- claimant: means a resident or nonresident person. See Utah Code 59-10-1102
- estate: means a nonresident estate or a resident estate. See Utah Code 59-10-1102
- nonresident estate: means a trust or estate which is not a resident estate or trust. See Utah Code 59-10-103
- Person: means :Utah Code 68-3-12.5
- resident trust: means the same as that term is defined in Section 75-7-103. See Utah Code 59-10-103
- Statute: A law passed by a legislature.
- tax credit: means a tax credit that a claimant, estate, or trust may claim:
(a) | as provided by statute; and |
(b) | regardless of whether the claimant, estate, or trust has a tax liability under this chapter for a taxable year. See Utah Code 59-10-1102- trust: means a nonresident trust or a resident trust. See Utah Code 59-10-1102
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(a) |
Except as provided in Subsection (1)(b) or Subsection 59-10-1103(1)(a), “claimant” means a resident or nonresident person. |
(b) |
“Claimant” does not include an estate or trust. |
(2) |
Except as provided in Subsection 59-10-1103(1)(a), “estate” means a nonresident estate or a resident estate. |
(3) |
“Refundable tax credit” or “tax credit” means a tax credit that a claimant, estate, or trust may claim:
(a) |
as provided by statute; and |
(b) |
regardless of whether the claimant, estate, or trust has a tax liability under this chapter for a taxable year. |
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(4) |
Except as provided in Subsection 59-10-1103(1)(a), “trust” means a nonresident trust or a resident trust. |
Enacted by Chapter 223, 2006 General Session
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