Terms Used In Utah Code > Title 63N > Chapter 2 > Part 2 - Enterprise Zone Act

• Business entity: means an entity, sole proprietorship, or individual:

  (a)	including a claimant, estate, or trust; and

  (b)

  under which or by whom business is conducted or transacted. See Utah Code 63N-2-202 City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5 Claimant: means a resident or nonresident person that has: (a)  Utah taxable income as defined in Section 59-7-101; or (b)  state taxable income under 1. See Utah Code 63N-2-202 Commission: means the Unified Economic Opportunity Commission created in Section 63N-1a-201. See Utah Code 63N-1a-102 County applicant: means the governing authority of a county that meets the requirements for designation as an enterprise zone under Section 63N-2-204. See Utah Code 63N-2-202 Estate: means a nonresident estate or a resident estate that has state taxable income under 2. See Utah Code 63N-2-202 Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other. Full-time employee: means an employment position that is filled by an employee who works at least 30 hours per week and: (a)  may include an employment position filled by more than one employee, if each employee who works less than 30 hours per week is provided benefits comparable to a full-time employee; and (b)  may not include an employment position that is shifted from one jurisdiction in the state to another jurisdiction in the state. See Utah Code 63N-1a-102 Municipal applicant: means the governing authority of a city or town that meets the requirements for designation as an enterprise zone under Section 63N-2-204. See Utah Code 63N-2-202 Person: means :Utah Code 68-3-12.5 Property: includes both real and personal property. See Utah Code 68-3-12.5 Signature: includes a name, mark, or sign written with the intent to authenticate an instrument or writing. See Utah Code 68-3-12.5 State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5 Statute: A law passed by a legislature. tax credit: means a tax credit that a business entity may: (a)  claim: (i)  as provided by statute; and (ii)  in an amount that does not exceed the business entity's tax liability for a taxable year under: (A)  Title 59, Chapter 7, Corporate Franchise and Income Taxes; or (B)  Title 59, Chapter 10, Individual Income Tax Act; and (b)  carry forward or carry back: (i)  if allowed by statute; and (ii)  to the extent that the amount of the tax credit exceeds the business entity's tax liability for a taxable year under: (A)  Title 59, Chapter 7, Corporate Franchise and Income Taxes; or (B)  Title 59, Chapter 10, Individual Income Tax Act. See Utah Code 63N-2-202 Testimony: Evidence presented orally by witnesses during trials or before grand juries. Town: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5 Trust: means a nonresident trust or a resident trust that has state taxable income under 2. See Utah Code 63N-2-202