Utah
What's New
-
blog
June 7, 2017State Rundown 6/7: Kansas Success Story and Other State News
This week, we celebrate a victory in Kansas where lawmakers rolled back Brownback's tax cuts for the richest taxpayers. Governors in West Virginia and Alaska promote compromise tax plans. Texas…
-
ITEP Work in Action
March 20, 2013Utah Foundation: Fueling Our Future, 2013-2040
Policy Options to Address Utah’s Future Transportation Needs Funding Utah’s transportation needs is a significant economic and fiscal challenge for state policymakers. Over the next three decades, Utah’s population is…
-
ITEP Work in Action
January 31, 2013Voices for Utah Children: Analysis of a Three-Part Proposal to Reform Utah’s Sales Tax
A proposal that will be discussed during the 2013 General Session would return Utah’s state sales tax on groceries to the general sales tax rate, while offering two kinds of…
By the Numbers
| Personal Income Tax Features (2015) | |
|---|---|
| Range of Tax Rates | 5% |
| Standard Deduction |
|
| Personal Exemption | None |
| Dependent Exemption | None |
| Earned Income Tax Credit (EITC) | None |
|
|
|
| Corporate Income Tax Features (2015) | |
|---|---|
| Range of Tax Rates | Targeted credit offered instead of standard deduction and personal exemption |
| Income Level at Which Top Rate Applies | N/A |
| Combined Reporting | 5.00% |
| Apportionment Factor (Payroll) | All |
| Apportionment Factor (Property) | Yes |
| Apportionment Factor (Sales) | 0% |
| Sales Tax Features (2015) | |
|---|---|
| State Sales Tax Rate | 4.7% |
| Average Local Sales Tax Rate | 1.95% |
| Average Combined State & Local Sales Tax Rate | 6.65% |
| State Sales Tax Treatment of Groceries | 1.75% |
| Local Sales Tax Treatment of Groceries | Taxed |
| Number of Services Taxed | 58 out of 168 surveyed (2007) |
| Streamlined Sales Tax Membership | Full |
|
|
|
| Property Tax Features (2015) | |
|---|---|
|
|
| Other Tax & Revenue Features (2015) | |
|---|---|
| Gasoline Tax Rate (per gallon) | $0.245 |
| Diesel Tax Rate (per gallon) | $0.245 |
| Cigarette Tax Rate (per pack) | $1.70 |
| Estate or Inheritance Tax | No |
| Net Lottery Sales Per Capita | N/A |
| Tax Policy Oversight | |
|---|---|
| Tax Expenditure Report | Yes, but excludes at least one major tax |
| Tax Incidence Analysis Capability | None |
Last updated January 13, 2015