2006 Utah Code - 59-10-516 — Filing extension -- Payment of tax -- Penalty -- Foreign residency.

     59-10-516.   Filing extension -- Payment of tax -- Penalty -- Foreign residency.
     (1) (a) The commission shall allow a taxpayer an extension of time for filing returns.
     (b) The extension under Subsection (1)(a) may not exceed six months.
     (2) (a) Except as provided in Subsection (2)(b), the commission may not impose on a taxpayer during the extension period prescribed under Subsection (1) a penalty under Section 59-1-401 if the taxpayer pays, on or before the 15th day of the fourth month following the close of the taxpayer's taxable year:
     (i) at least 90% of the total tax reported on the income tax return when it is filed; or
     (ii) an amount equal to the total amount of tax reported on the income tax return for the previous year.
     (b) If a taxpayer fails to meet the requirements of Subsection (2)(a), the commission may apply to the total balance due a penalty as provided in Section 59-1-401.
     (3) If any federal income tax return filing is lawfully delayed pending a determination of qualification for federal tax exemption due to residency outside of the United States, a taxpayer shall file a return within 30 days after that determination is made.

Amended by Chapter 332, 1997 General Session