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House approves limited withdrawal from multistate tax compact in 62-7 vote
Summary
The House passed first substitute Senate Bill 247 to remove Utah from specific sections of the Multistate Tax Compact that govern sales and certain definitions, 62-7. Sponsor Representative Gibson said the measure preserves Utah's ability to control corporate tax policy in light of recent court decisions.
The Utah House of Representatives on March 14 passed first substitute Senate Bill 247, a measure that would remove Utah from select sections of the Multistate Tax Compact that govern sales allocation and certain definitions.
Representative Gibson, the House sponsor, told colleagues the bill is designed to "control our own corporate tax policy here in the state of Utah" and cited…
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