There Is a Newer Version of the Utah Code
2011 Utah Code
Title 59 Revenue and Taxation
Chapter 1 General Taxation Policies
Section 1503 Nonrefundable credit -- Sales tax exemption.
59-1-1503. Nonrefundable credit -- Sales tax exemption.(1) There is a nonrefundable credit established for any capital gains incurred from the exchange of gold and silver coin issued by the federal government for another form of legal tender as provided in Section 59-10-1028.
(2) The exchange of gold and silver coin issued by the federal government for another form of legal tender is exempt from sales and use taxes as provided in Subsection 59-12-104(50).
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