Utah Code 63N-2-211. Disqualifying transfers
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Terms Used In Utah Code 63N-2-211
- Business entity: means an entity, sole proprietorship, or individual:(1)(a) including a claimant, estate, or trust; and(1)(b) under which or by whom business is conducted or transacted. See Utah Code 63N-2-202
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
Except in a county of the first or second class, tax incentives provided by this part are not available to a business entity that closes or permanently curtails operations in another part of the state in connection with a transfer of any part of its business operations to an enterprise zone, if the closure or permanent curtailment is reasonably expected to diminish employment in that part of the state.