Revised December, 2007

Utah Corporate Income Tax Statistics: 2005

The data in this publication give a fairly complete picture of the corporate franchise tax in Utah. Corporate income taxes are not only complicated by their logic, but also by their timing. The data reported in this report represent a snapshot of how the data stood for tax year 2005 as processed through 2007.

  • xls | pdf   Download the entire document in pdf or excel formats.

Information

  • pdf   2005 Utah Corporate Income Tax Form
  • pdf   2005 Utah Corporate Income Tax Instruction Booklet

Statistics

For the majority of these statistics, the data is "Utah apportioned data," meaning that it has been multiplied by a factor that determines the Utah portion of a national figure for tax purposes. Since Utah has a minimum tax payment of $100 per taxable unit, some taxpayers pay a tax independent of their income. For this reason, we have divided the data into those that are minimum taxpayers and those that really are income-based payers. We have also reported the data according to industry sector as defined under the North American Industrial Classification System (NAICS).

  • xls  |  pdf   Table 01 – Corporate Income Tax by Taxable Income
  • xls  |  pdf   Table 02 – Corporate Income Tax by Taxable Income and Minimum Tax Status
  • xls  |  pdf   Table 03 – Corporate Income Tax by Industry (NAICS) and Taxable Income
  • xls  |  pdf   Table 04 – Tax Credits Claimed
  • xls  |  pdf   Table 05 – Tax Credits Allowed
  • xls  |  pdf   Table 06 – Apportionment by Net Taxable Income
  • xls  |  pdf   Table 07 – Apportioment by Net Taxable Income and Minimum Tax Status
  • xls  |  pdf   Table 08 – Apportionment by Industry (NAICS)
  • xls  |  pdf   Table 09 – Apportionment by Industry (NAICS) and Minimum Tax Status

    • Analysis

  • xls  |  pdf   Overview
  • xls  |  pdf   Historical Comparison: Corporate Income, Individual Income, and Sales Taxes
  • xls  |  pdf   Comparison with other Western States
  • xls  |  pdf   Who pays the Utah Corporate Income Tax?

This document was prepared by David Stringfellow, with the assistance of Tom Williams.