2006 Utah Code - 59-6-101 — Definitions.

     59-6-101.   Definitions.
     As used in this chapter:
     (1) (a) Except as provided in Subsection (1)(b), "claimant" means a resident or nonresident person.
     (b) "Claimant" does not include an estate or trust.
     (2) "Estate" means a nonresident estate or a resident estate.
     (3) "Minerals" means either metalliferous minerals as defined in Section 59-2-102, nonmetalliferous minerals as defined in Section 59-2-102, or both.
     (4) "Producer" means any person who produces or extracts minerals from deposits in this state or who is the first purchaser of minerals produced or extracted from deposits in this state.
     (5) "Refundable tax credit" or "tax credit" means a tax credit that a claimant, estate, or trust may claim:
     (a) as provided by statute; and
     (b) regardless of whether the claimant, estate, or trust has a tax liability for a tax described in Subsection 59-6-102(3) for the taxable year for which the claimant, estate, or trust claims the tax credit.
     (6) "Trust" means a nonresident trust or a resident trust.

Amended by Chapter 223, 2006 General Session