63N-2-802.  Definitions.
     As used in this part:

(1)  “Claimant” means the same as that term is defined in Section 59-10-1002.

Terms Used In Utah Code 63N-2-802

(a) lists the name of the tax credit certificate recipient;
(b) lists the tax credit certificate recipient's taxpayer identification number;
(c) lists the amount of the tax credit certificate recipient's tax credits authorized under this part for a taxable year; and
(d) includes other information as determined by the office. See Utah Code 63N-2-802
  • Tax credit certificate recipient: means an eligible claimant, estate, or trust that receives a tax credit certificate in accordance with this part for a tax credit under Section 59-10-1025. See Utah Code 63N-2-802
    • (2)  “Eligible claimant, estate, or trust” means a claimant, estate, or trust that:

    (a)  enters into an agreement with the office in accordance with this part to receive a tax credit certificate for a tax credit under Section 59-10-1025; and

    (b)  receives a tax credit certificate from the office in accordance with this part.

    (3)  “Life science establishment” means the same as that term is defined in Section 59-10-1025.

    (4)  “Tax credit” means a tax credit under Section 59-10-1025.

    (5)  “Tax credit applicant” means a person that applies to the office to receive a tax credit certificate under this part.

    (6)  “Tax credit certificate” means a certificate issued by the office that:

    (a)  lists the name of the tax credit certificate recipient;

    (b)  lists the tax credit certificate recipient’s taxpayer identification number;

    (c)  lists the amount of the tax credit certificate recipient’s tax credits authorized under this part for a taxable year; and

    (d)  includes other information as determined by the office.

    (7)  “Tax credit certificate recipient” means an eligible claimant, estate, or trust that receives a tax credit certificate in accordance with this part for a tax credit under Section 59-10-1025.

    Amended by Chapter 354, 2016 General Session

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