Utah Admin. Code R865-19S-102 - Calculation of Qualifying Exempt Electricity Sales to Ski Resorts Pursuant to Utah Code Ann. Section 59-12-104
(1) When the sale of exempt electricity to a
ski resort is not separately metered and accounted for in utility billings, the
ski resort shall identify a methodology for the calculation of exempt
electricity purchases, and shall submit that methodology to the Tax Commission
for approval prior to its use.
(2)
When exempt electricity is not separately metered and accounted for in utility
billings, a ski resort shall pay sales tax on all electricity at the time of
purchase. The ski resort may then take a credit on its sales tax return for
taxes paid on electricity that is determined to be exempt under this
rule.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.