Definitions.

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  • (1) "Tax credit" means a nonrefundable tax credit listed on a tax return.
  • (2) "Tax return" means:
    • (a) a corporate return as defined in Section 59-7-101 filed in accordance with this chapter; or
    • (b) a tax return filed in accordance with Chapter 8, Gross Receipts Tax on Certain Corporations Not Required to Pay Corporate Franchise or Income Tax Act.




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