2006 Utah Code - 59-10-122 — Taxable year.

     59-10-122.   Taxable year.
     (1) For purposes of the tax imposed by this chapter, a taxpayer's taxable year shall be the same as his taxable year for federal income tax purposes.
     (2) If a taxpayer's taxable year is changed for federal income tax purposes, his taxable year for purposes of the tax imposed by this chapter shall be similarly changed. If a change in taxable year results in a taxable period of less than 12 months for federal income tax purposes, the same taxable period shall be used in computing the tax imposed by this chapter.

Renumbered and Amended by Chapter 2, 1987 General Session