Utah Code 63N-2-802. Definitions
Current as of: 2024 | Check for updates
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As used in this part:
(1) “Claimant” means the same as that term is defined in Section 59-10-1002.
Terms Used In Utah Code 63N-2-802
- Claimant: means the same as that term is defined in Section 59-10-1002. See Utah Code 63N-2-802
- Person: means :(24)(a) an individual;(24)(b) an association;(24)(c) an institution;(24)(d) a corporation;(24)(e) a company;(24)(f) a trust;(24)(g) a limited liability company;(24)(h) a partnership;(24)(i) a political subdivision;(24)(j) a government office, department, division, bureau, or other body of government; and(24)(k) any other organization or entity. See Utah Code 68-3-12.5
- Tax credit: means a tax credit under Section 59-10-1025. See Utah Code 63N-2-802
- Tax credit certificate: means a certificate issued by the office that:
(6)(a) lists the name of the tax credit certificate recipient;(6)(b) lists the tax credit certificate recipient's taxpayer identification number;(6)(c) lists the amount of the tax credit certificate recipient's tax credits authorized under this part for a taxable year; and(6)(d) includes other information as determined by the office. See Utah Code 63N-2-802- Tax credit certificate recipient: means an eligible claimant, estate, or trust that receives a tax credit certificate in accordance with this part for a tax credit under Section 59-10-1025. See Utah Code 63N-2-802
(2) “Eligible claimant, estate, or trust” means a claimant, estate, or trust that:(2)(a) enters into an agreement with the office in accordance with this part to receive a tax credit certificate for a tax credit under Section 59-10-1025; and(2)(b) receives a tax credit certificate from the office in accordance with this part.(3) “Life science establishment” means the same as that term is defined in Section 59-10-1025.(4) “Tax credit” means a tax credit under Section 59-10-1025.(5) “Tax credit applicant” means a person that applies to the office to receive a tax credit certificate under this part.(6) “Tax credit certificate” means a certificate issued by the office that:(6)(a) lists the name of the tax credit certificate recipient;(6)(b) lists the tax credit certificate recipient’s taxpayer identification number;(6)(c) lists the amount of the tax credit certificate recipient’s tax credits authorized under this part for a taxable year; and(6)(d) includes other information as determined by the office.(7) “Tax credit certificate recipient” means an eligible claimant, estate, or trust that receives a tax credit certificate in accordance with this part for a tax credit under Section 59-10-1025.