Utah § 59-8-104 - Rate -- Change of rate.

Full text of Utah Utah Code § 59-8-104 — Rate -- Change of rate., with citation guidance and answers to common questions.

§ 59-8-104. Rate -- Change of rate.

59-8-104.  Rate -- Change of rate.
(1) Beginning on or after July 1, 2006, and subject to Section 11-13-303, an in lieu excise tax is imposed on the gross receipts of a taxpayer engaging in business in the state of Utah in each taxable year as follows:
Gross Receipts AmountRate of Tax
Not in excess of $10,000,000None
In excess of $10,000,000 but not
in excess of $500,000,000
.6250%
In excess of $500,000,000 but not
in excess of $1,000,000,000
.9375%
In excess of $1,000,000,0001.2500%
(2) It is the intent of the Legislature that, as a result of the tax rate decrease provided in Section 59-8-104 of Chapter 221, Laws of Utah 2006, all or a portion of any cost decrease received by a taxpayer as a result of the tax rate decrease be used in whole or in part for expenditures, scholarships, or grants that will benefit the citizens of this state.


Amended by Chapter 221, 2006 General Session

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

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Frequently Asked Questions About Utah § 59-8-104

What does Utah Code § 59-8-104 cover?

Section 59-8-104 ("Rate -- Change of rate.") 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 § 59-8-104?

A common citation format is "Utah Code § 59-8-104" (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 § 59-8-104 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.