Terms Used In Utah Code > Title 63N > Chapter 2 > Part 2 - Enterprise Zone Act

• 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
• City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5
• Claimant: means a resident or nonresident person that has:
       (2)(a) Utah taxable income as defined in Section 59-7-101; or
       (2)(b) state taxable income under Title 59, Chapter 10, Part 1, Determination and Reporting of Tax Liability and Information. See Utah Code 63N-2-202
• Commission: means the Unified Economic Opportunity Commission created in Section 63N-1a-201. See Utah Code 63N-1a-102
• County applicant: means the governing authority of a county that meets the requirements for designation as an enterprise zone under Section 63N-2-204. See Utah Code 63N-2-202
• Equal: means , with respect to biological sex, of the same value. See Utah Code 68-3-12.5
• Estate: means a nonresident estate or a resident estate that has state taxable income under Title 59, Chapter 10, Part 2, Trusts and Estates. See Utah Code 63N-2-202
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Full-time employee: means an employment position that is filled by an employee who works at least 30 hours per week and:
       (6)(a) may include an employment position filled by more than one employee, if each employee who works less than 30 hours per week is provided benefits comparable to a full-time employee; and
       (6)(b) may not include an employment position that is shifted from one jurisdiction in the state to another jurisdiction in the state. See Utah Code 63N-1a-102
• Municipal applicant: means the governing authority of a city or town that meets the requirements for designation as an enterprise zone under Section 63N-2-204. See Utah Code 63N-2-202
• 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
• Property: includes both real and personal property. See Utah Code 68-3-12.5
• Signature: includes a name, mark, or sign written with the intent to authenticate an instrument or writing. See Utah Code 68-3-12.5
• 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
• Statute: A law passed by a legislature.
• tax credit: means a tax credit that a business entity may:
       (6)(a) claim:

            (6)(a)(i) as provided by statute; and

            (6)(a)(ii) in an amount that does not exceed the business entity's tax liability for a taxable year under:

                 (6)(a)(ii)(A) Title 59, Chapter 7, Corporate Franchise and Income Taxes; or

                 (6)(a)(ii)(B) Title 59, Chapter 10, Individual Income Tax Act; and
       (6)(b) carry forward or carry back:

            (6)(b)(i) if allowed by statute; and

            (6)(b)(ii) to the extent that the amount of the tax credit exceeds the business entity's tax liability for a taxable year under:

                 (6)(b)(ii)(A) Title 59, Chapter 7, Corporate Franchise and Income Taxes; or

                 (6)(b)(ii)(B) Title 59, Chapter 10, Individual Income Tax Act. See Utah Code 63N-2-202
• Testimony: Evidence presented orally by witnesses during trials or before grand juries.
• Town: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5
• Trust: means a nonresident trust or a resident trust that has state taxable income under Title 59, Chapter 10, Part 2, Trusts and Estates. See Utah Code 63N-2-202