Tax basis -- Tax rate -- Exemption.

1. Law
2. Utah Code
3. Revenue and Taxation
4. Individual Income Tax Act
5. Determination and Reporting of Tax Liability and Information
6. Tax basis -- Tax rate -- Exemption.

• (1) A tax is imposed on the state taxable income of a resident individual as provided in this section.

• (2) For purposes of Subsection (1), for a taxable year, the tax is an amount equal to the product of:
  • (a) the resident individual's state taxable income for that taxable year; and
  • (b) 4.95%.

• (3) This section does not apply to a resident individual exempt from taxation under Section 59-10-104.1.

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