Utah § 59-7-401 - Determining threshold level of business activity for corporations organized or incorporated outside of the United States.

Full text of Utah Utah Code § 59-7-401 — Determining threshold level of business activity for corporations organized or incorporated outside of the United States., with citation guidance and answers to common questions.

§ 59-7-401. Determining threshold level of business activity for corporations organized or incorporated outside of the United States.

59-7-401.  Determining threshold level of business activity for corporations organized or incorporated outside of the United States.
(1) Except as provided in Subsection (2), in determining whether a corporation is a foreign operating company or has met the threshold level of business activity, business activity within and without the United States shall be measured by means of the factors ordinarily applicable under Sections 59-7-312 through 59-7-319.
(2)
(a) Any taxpayer who would ordinarily be required to apportion business income in accordance with Part 3, Allocation and Apportionment of Income - Utah UDITPA Provisions, shall use a two-factor formula of property and payroll.
(b) The results of the property and payroll factor computation shall be divided by two, or by one if either the property or payroll factor has a denominator of zero.


Amended by Chapter 225, 2005 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 59-7-401

What does Utah Code § 59-7-401 cover?

Section 59-7-401 ("Determining threshold level of business activity for corporations organized or incorporated outside of the United States.") 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.

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A common citation format is "Utah Code § 59-7-401" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

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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.

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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.

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