Utah Admin. Code R865-6F-24 - Attribution of Sales of Tangible Property to the Sales Factor for Apportionment of Business Income Pursuant to Utah Code Ann. Section 59-7-317
A. For purposes of
15 U.S.C. Section
381, the phrase "activities within such state
by or on behalf of such person" means the activities of any member of a unitary
business as that term is defined in Section
59-7-302.
B. If the activity in this state of any
member of a unitary business exceeds the activity protected by
15 U.S.C. Section
381, sales of tangible property into this
state, from an out-of-state location by any member of the unitary business
shall be included in this state's sales factor numerator under Section
59-7-317.
C. If any member of a unitary business is
taxable in another state under Section
59-7-305,
sales of tangible property from a Utah location, into that state by any member
of the unitary business shall not be thrown back to this state as ordinarily
provided under Section
59-7-318.
D. This rule is effective for taxable years
beginning after December 31, 1992.
Notes
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