Effective 1/1/2025
Superseded 5/6/2026
59-10-104 Tax basis -- Tax rate -- Exemption.
(1)A tax is imposed on the state taxable income of a resident individual as provided in this section.
(2)For purposes of Subsection (1), for a taxable year, the tax is an amount equal to the product of:
(a)the resident individual’s state taxable income for that taxable year; and
(b)4.5%.
(3)This section does not apply to a resident individual exempt from taxation under Section 59-10-104.1.