59-7-802 - Taxation of unrelated business income. - Utah Statutes

59-7-802. Taxation of unrelated business income.
(1) An organization which is exempt from taxation as provided in Subsection 59-7-102(1)or Section 59-10-126 shall be subject to the tax imposed by this part on its Utah unrelatedbusiness income.
(2) Utah unrelated business income shall be taxed at the rate provided in Section59-7-104 except that the minimum tax does not apply to organizations subject to the tax underthis part.

Amended by Chapter 311, 1995 General Session