Utah Code > Title 59 > Chapter 6 – Mineral Production Tax Withholding
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Terms Used In Utah Code > Title 59 > Chapter 6 - Mineral Production Tax Withholding
- Administrator: means the same as that term is defined in Subsection (182). See Utah Code 31A-1-301
- Application: means a document:
(b) used by the insurer to gather information from the applicant before issuance of an annuity contract. See Utah Code 31A-1-301 - Business entity: means a claimant that is a:
(a) C corporation; (b) S corporation; (c) general partnership; (d) limited liability company; (e) limited liability partnership; (f) limited partnership; or (g) business entity similar to Subsections (1)(c) through (f): (i) with respect to which the business entity's income or losses are divided among and passed through to taxpayers; and (ii) as defined by the commission by rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act. See Utah Code 59-6-101 - claimant: means a resident or nonresident person. See Utah Code 59-6-101
- Creditor: means a person, including an insured, having a claim, whether:
(a) matured; (b) unmatured; (c) liquidated; (d) unliquidated; (e) secured; (f) unsecured; (g) absolute; (h) fixed; or (i) contingent. See Utah Code 31A-1-301 - Estate: means a nonresident estate or a resident estate. See Utah Code 59-6-101
- Individual: means a natural person. See Utah Code 31A-1-301
- Insurance: includes :
(i) a risk distributing arrangement providing for compensation or replacement for damages or loss through the provision of a service or a benefit in kind; (ii) a contract of guaranty or suretyship entered into by the guarantor or surety as a business and not as merely incidental to a business transaction; and (iii) a plan in which the risk does not rest upon the person who makes an arrangement, but with a class of persons who have agreed to share the risk. See Utah Code 31A-1-301 - License: includes a certificate of authority issued to an insurer. See Utah Code 31A-1-301
- Minerals: means :
(a) metalliferous minerals as defined in Section 59-2-102; (b) nonmetalliferous minerals as defined in Section 59-2-102; or (c) a combination of Subsections (4)(a) and (b). See Utah Code 59-6-101 - Person: includes :
(a) an individual; (b) a partnership; (c) a corporation; (d) an incorporated or unincorporated association; (e) a joint stock company; (f) a trust; (g) a limited liability company; (h) a reciprocal; (i) a syndicate; or (j) another similar entity or combination of entities acting in concert. See Utah Code 31A-1-301 - producer: means a person licensed or required to be licensed under the laws of this state to sell, solicit, or negotiate insurance. See Utah Code 31A-1-301
- Producer: means a person that:
(a) produces or extracts minerals from deposits in this state; or (b) is the first purchaser of minerals produced or extracted from deposits in this state. See Utah Code 59-6-101 - Sell: means to exchange a contract of insurance:
(a) by any means; (b) for money or its equivalent; and (c) on behalf of an insurance company. See Utah Code 31A-1-301 - 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: (i) for a tax imposed under: (A) Chapter 7, Corporate Franchise and Income Taxes; (B) Chapter 8, Gross Receipts Tax on Certain Corporations Not Required to Pay Corporate Franchise or Income Tax Act; or (C) Chapter 10, Individual Income Tax Act; and (ii) for the taxable year for which the claimant, estate, or trust claims the tax credit. See Utah Code 59-6-101 - Tax return: means a return required by:
(a) Chapter 7, Corporate Franchise and Income Taxes; (b) Chapter 8, Gross Receipts Tax on Certain Corporations Not Required to Pay Corporate Franchise or Income Tax Act; or (c) Chapter 10, Individual Income Tax Act. See Utah Code 59-6-101 - Taxable year: means the taxable year of a claimant, estate, or trust under:
(a) Chapter 7, Corporate Franchise and Income Taxes; (b) Chapter 8, Gross Receipts Tax on Certain Corporations Not Required to Pay Corporate Franchise or Income Tax Act; or (c) Chapter 10, Individual Income Tax Act. See Utah Code 59-6-101 - Trust: means a nonresident trust or a resident trust. See Utah Code 59-6-101
- United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
- Withholding return: means a return a producer is required to file under this chapter. See Utah Code 59-6-101
- Business entity: means a claimant that is a: