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Utah collects personal income tax at a single rate of 5%, but provides tax credits to low and middle income taxpayers to provide a progressive tax system. The state sales tax has a base rate of 4.65 percent, [4] with cities and counties levying additional local sales taxes that vary among the municipalities.
The position was created in 1896 when Utah became a state. The Constitution of Utah established the Office of the State Treasurer to be elected by popular vote. [2] The current state treasurer is Marlo Oaks who was appointed by Governor Spencer Cox after Treasurer David Damschen resigned on April 30, 2021 to lead the Utah Housing Corporation.
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The state auditor also enforces Utah's data privacy law, prescribes uniform accounting, budgeting, and financial reporting systems for local governments, provides local government officials with consulting services, and trains certified public accountants engaged in local government audit work.
The executive powers of government are vested in the Governor.The current governor is Spencer Cox, a Republican. Gary Herbert, the previous governor, assumed the governorship on August 11, 2009, following the resignation of Governor Jon Huntsman, Jr., who was appointed United States Ambassador to China by President Barack Obama.
Teegardin was an Austin-based firm specializing in tax, accounting and family office services. Stayner Bates P.C. joined BKD June 1, 2019. [20] Stayner Bates was a firm based in Salt Lake City, Utah, Loeb & Troper LLP joined BKD July 15, 2018. [21]
The Utah Housing Corporation or UHC is a public corporation that the Utah legislature created in 1975 to advocate for affordable housing for lower-income residents in the state of Utah. UHC is an independent government agency that raises funds in order to offer mortgage loans to lower-income people and to provide resources to developers and ...
As a Utah state senator, Stephenson is well-positioned to influence Utah legislation relating to education and to state revenues. As a state senator, Stephenson has won the following awards: Utah Republican Hispanic Assembly Recognition