Income and Tax Magnitudes for Non-Minimum Corporations |
|
1994 |
1995 |
% Change |
Returns |
7,107 |
7,321 |
3.01% |
Federal Taxable |
$ 2,572,912,757 |
$ 2,950,250,965 |
14.67% |
Adjusted Income |
$ 2,566,358,228 |
$ 2,919,299,940 |
13.75% |
Apportionable Income |
$ 2,443,127,306 |
$ 2,842,973,877 |
16.37% |
Utah Taxable |
$ 2,458,543,030 |
$ 2,848,897,476 |
15.88% |
Net Taxable |
$ 2,403,078,860 |
$ 2,781,936,980 |
15.77% |
Tax |
$ 120,153,943 |
$ 139,096,849 |
15.77% |
Income and Tax Ratios for Non-Minimum Corporations |
Relative to Federal Taxable Income |
Federal Taxable |
100.00% |
100.00% |
100.00% |
Adjusted Income |
99.75% |
98.95% |
99.35% |
Apportionable Income |
94.96% |
96.36% |
95.66% |
Utah Taxable |
95.55% |
96.56% |
96.06% |
Net Taxable |
93.40% |
94.29% |
93.85% |
Tax |
4.67% |
4.71% |
4.69% |