59-7-117 - Equitable adjustments.
59-7-117. Equitable adjustments.
The commission shall by rule prescribe for adjustments to Utah taxable income when,solely by reason of the enactment of this chapter, a taxpayer would otherwise receive or havereceived a double tax benefit or suffer or have suffered a double tax detriment. However, thecommission may not make any adjustment pursuant to this section which will result in an increaseor decrease of tax liability that is less than $25.
Repealed and Re-enacted by Chapter 169, 1993 General Session