Utah § 59-10-510 - Return of electing small business corporation.
Full text of Utah Utah Code § 59-10-510 — Return of electing small business corporation., with citation guidance and answers to common questions.
§ 59-10-510. Return of electing small business corporation.
59-10-510. Return of electing small business corporation.
An electing small business corporation, as defined in Section 1362, Internal Revenue Code, shall make a return for each taxable year, stating specifically:
| (1) | the items of the electing small business corporation's gross income and the deductions allowable by Subtitle A, Internal Revenue Code; |
| (2) | the names and addresses of all persons owning stock in the electing small business corporation at any time during the taxable year; |
| (3) | the number of shares of stock owned by each shareholder at all times during the taxable year to each shareholder; |
| (4) | the date of each distribution to a shareholder; and |
| (5) | other information as the commission may prescribe by:
|
Amended by Chapter 182, 2025 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 59-10-510
What does Utah Code § 59-10-510 cover?
Section 59-10-510 ("Return of electing small business corporation.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 59-10-510?
A common citation format is "Utah Code § 59-10-510" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 59-10-510 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Utah.