Utah has modified: – the definition of “unadjusted income” as it relates to deferred foreign income described in IRC §965; and – the schedule for a corporation to pay the state tax on deferred foreign income described in IRC §965. IRC §965 IRC §965, enacted by the Tax Cuts and Jobs Act of 2017 (TCJA), […]
The post Utah Enacts Repatriation Tax Amendments appeared first on Tax & Accounting Blog.