Utah Code 59-7-403. Worldwide combined report

(1)	A unitary group may elect to file a worldwide combined report.

return: includes a combined report. See Utah Code 59-7-101
Unitary group: includes a captive real estate investment trust. See Utah Code 59-7-101
Worldwide combined report: means the combination of the income and activities of all members of a unitary group irrespective of the country in which the corporations are incorporated or conduct business activity. See Utah Code 59-7-101

(2)	Corporations electing to file a worldwide combined report may not thereafter elect to file a return on a basis other than a worldwide combined report without the consent of the commission.

Enacted by Chapter 169, 1993 General Session