Terms Used In Utah Code 59-10-1404

• Pass-through entity: means a business entity that is:
       (11)(a) the following if classified as a partnership for federal income tax purposes:

            (11)(a)(i) a general partnership;

            (11)(a)(ii) a limited liability company;

            (11)(a)(iii) a limited liability partnership; or

            (11)(a)(iv) a limited partnership;
       (11)(b) an S corporation;
       (11)(c) an estate or trust with respect to which the estate's or trust's income, gain, loss, deduction, or credit is divided among and passed through to one or more pass-through entity taxpayers; or
       (11)(d) a business entity similar to Subsections (11)(a) through (c):

            (11)(d)(i) with respect to which the business entity's income, gain, loss, deduction, or credit is divided among and passed through to one or more pass-through entity taxpayers; and

            (11)(d)(ii) as defined by the commission by rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act. See Utah Code 59-10-1402
• Taxpayer: means any of the following that has income subject in whole or part to the tax imposed by this chapter:
            (1)(aa)(i) an individual;
            (1)(aa)(ii) an estate, a trust, or a beneficiary of an estate or a trust that is not a pass-through entity or a pass-through entity taxpayer;
            (1)(aa)(iii) a pass-through entity; or
            (1)(aa)(iv) a pass-through entity taxpayer. See Utah Code 59-10-103