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Committee approves bill to remove interstate tax‑credit from five‑year review and make technical fixes
Summary
The committee favorably recommended a bill Sept. 16 that removes the "taxes paid to another state" income‑tax credit from the five‑year tax‑credit review cycle and makes three administrative or technical adjustments to the tax‑credit review process; the motion was made by Representative Ward and passed unanimously by the commit
SALT LAKE CITY — The Revenue and Taxation Interim Committee on Sept. 16 voted to favorably recommend a bill that removes an income‑tax credit for taxes paid to another state from the five‑year tax‑credit review cycle and makes several technical and administrative changes to the review schedule.
Andrea (managing associate general counsel for the committee) presented the…
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