Utah Admin. Code R865-9I-10 - Adjustments Between Taxable Years After Change in Accounting Methods Pursuant to Utah Code Ann. Section 59-10-124
A. If a taxpayer's state taxable income for
any taxable year is computed under a method of accounting different from the
method under which such income was computed for the previous year, the taxpayer
shall attach a statement to his return setting forth all differences. This
statement shall specify the amounts duplicated or omitted in full or in part as
a result of such change. The Tax Commission shall make or allow any necessary
adjustments to prevent double inclusion or exclusion of an item of gross
income, or double allowance or disallowance of an item of deduction or
credit.
Notes
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