59-10-104. Tax basis -- Tax rate -- Exemption.
(1) A tax is imposed on the state taxable income of a resident individual as provided in this section.
(2) For purposes of Subsection, for a taxable year, the tax is an amount equal to the product of: (1) the resident individual's state taxable income for that taxable year; and 4.45%.
(3) This section does not apply to a resident individual exempt from taxation under Section. 59-10-104.1