(1) An excise tax is imposed on a covered entity in an amount equal to 2% of the sales price of covered transactions.
(2) A covered entity shall pay the tax imposed under this section to the commission.
Utah Code § 59-38-103
Tax levy -- Rate -- Scope
Enacted by Chapter 220, 2026 General Session; Effective 10/1/2026
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.