R865. Tax Commission, Auditing.

R865-6F. Franchise Tax.

8R65-6F-27. Order of Credits Applied Against Utah Corporate Franchise Tax Due Pursuant to Utah Code Ann. Sections 9-2-413, 59-6-102, 59-7-601 through 59-7-614, and 59-13-202.

A. Taxpayers shall deduct credits authorized by Sections 9-2-413, 59-6-102, 59-7-601 through 59-7-614, and 59-13-202 against Utah corporate franchise tax due in the following order:

1. nonrefundable credits;

2. nonrefundable credits with a carryforward;

3. refundable credits.

KEY: taxation, franchise, historic preservation, trucking industries

9-2-413

59-6-102

59-7-601 through 59-7-614

59-13-202

Effective: 6/1/02