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Utah Code — Title 59 (Revenue and Taxation)

Utah Code § 59-7-201

Tax -- Minimum tax

Official textle.utah.gov

# (1)

There is imposed upon each corporation, except a corporation that is exempt under Section 59-7-102, a tax upon the corporation's Utah taxable income for the taxable year that is derived from sources within this state other than income for any period that the corporation is required to include in the corporation's tax base under Section 59-7-104.

# (2)

The tax imposed by Subsection (1) shall be 4.45% of a corporation's Utah taxable income.

# (3)

In no case shall the tax be less than $100.

Last amended: Amended by Chapter 250, 2026 General Session

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In this chapter (40 sections)
  1. 59-7-102 · Exemptions
  2. 59-7-103 · Chapter applicable to receivers, trustees in bankruptcy and…
  3. 59-7-104 · Tax -- Minimum tax
  4. 59-7-105 · Additions to unadjusted income
  5. 59-7-106 · Subtractions from unadjusted income
  6. 59-7-107 · Basis
  7. 59-7-108 · Distributions by corporations
  8. 59-7-109 · Charitable contributions
  9. 59-7-109.1 · Charitable contributions to the Carson Smith Opportunity…
  10. 59-7-110 · Utah net loss -- Carry forward -- Deduction
  11. 59-7-111 · Safe harbor lease provisions
  12. 59-7-112 · Installment sales
  13. 59-7-113 · Allocation of income and deductions between several…
  14. 59-7-114 · Section 338, Internal Revenue Code -- Elections
  15. 59-7-115 · Section 336(e), Internal Revenue Code -- Elections
  16. 59-7-116 · Taxation of regulated investment companies
  17. 59-7-116.5 · Real estate investment trusts
  18. 59-7-117 · Equitable adjustments
  19. 59-7-118 · Section 965, Internal Revenue Code -- Installment payments
  20. 59-7-159 · Review of credits allowed under this chapter
  21. 59-7-201 · Tax -- Minimum tax
  22. 59-7-203 · Computation of Utah taxable income
  23. 59-7-204 · Income attributed to sources within the state
  24. 59-7-205 · Applicability of Parts 5 and 6 of chapter
  25. 59-7-206 · Offsets against tax
  26. 59-7-207 · Corporations becoming subject to tax -- Assessment under…
  27. 59-7-208 · Provisions followed for purposes of tax collected
  28. 59-7-302 · Definitions -- Determination of taxpayer status
  29. 59-7-303 · Apportionable income
  30. 59-7-305 · When taxable in another state
  31. 59-7-306 · Allocation of certain nonbusiness income
  32. 59-7-307 · Allocation of rents and royalties
  33. 59-7-308 · Allocation of capital gains and losses
  34. 59-7-309 · Allocation of interest and dividends
  35. 59-7-310 · Allocation of patent and copyright royalties
  36. 59-7-311 · Method of apportionment of business income
  37. 59-7-312 · Property factor for apportionment of business income --…
  38. 59-7-313 · Valuation of property for inclusion in property factor
  39. 59-7-314 · Averaging property values for inclusion in property factors
  40. 59-7-315 · Payroll factor for apportionment of business income --…
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