Title 42 — Taxation

A. The department shall determine the valuation of the properties described in this chapter. B. The limitations on increases in valuation prescribed by article IX, section 18, Constitution of Arizona, and by chapter 13, article 7 of this title apply to valuations determined by th…

A. On or before June 15 the department shall notify owners of property that is valued by the department of the department's determination of the preliminary full cash value of the property. B. On or before July 15 the property owner may file a written application to appear before…

A. In determining valuation under this chapter the department shall consider all additional information including information that is presented in an appeal and information that is otherwise available. B. The department shall notify the property owner of the final full cash value…

After the department determines the valuation of any property but before it transmits the valuation to the appropriate assessing authority, the department, on the property owner's written application or on its own motion, may change the valuation to properly reflect the property'…

A property owner who is not satisfied with the valuation of the owner's property as determined by the department may appeal: 1. To the state board of equalization pursuant to section 42-16158. 2. Directly to superior court pursuant to section 42-16204.

A. The department may prescribe by administrative rule alternative methods for signing, subscribing or verifying any report or statement required to be filed with the department pursuant to this article that have the same validity and consequence as the actual signature or writte…

The department shall annually determine, in the manner prescribed by this article, the valuation of: 1. Producing mines. 2. Personal property used on producing mines. 3. Improvements to producing mines. 4. Mills and smelters that are operated in conjunction with producing mines. …

A. On or before April 1 of each year each company that is valued pursuant to this article shall file a report with the department, under oath, stating the information that the department requires to enable it to make a valuation of the company. B. On written request and for good …

A. On or before August 31 of each year, the department shall find the full cash value of: 1. Patented and unpatented producing mines. 2. Personal property used on producing mines. 3. Improvements to producing mines. 4. Mills and smelters that are operated in conjunction with prod…

A. On or before August 31 of each year, the department shall find the full cash value of all patented and unpatented mines that were producing mines on the first Monday in January of any of the three preceding years but that are no longer producing mines. B. On or before November…

In this article, unless the context otherwise requires: 1. "Gas" means: (a) Natural gas, including casinghead gas. (b) All other hydrocarbons that are not defined as oil by this section. (c) Helium and other nonhydrocarbon substances of a gaseous nature. 2. "Geothermal resource" …

The department shall annually determine the valuation of all producing oil, gas and geothermal resource interests in this state in the manner prescribed by this article.

A. On or before April 1 of each year each producer shall make and file with the department a return showing the producer's gross production and gross yield from each of the producer's producing properties for the immediately preceding calendar year. On request and for good cause …

A. On or before November 30 of each year the department shall transmit to the respective county assessors the valuation of the oil, gas or geothermal resource interests of each producer for each of the producer's properties in the county as of January 1 of the valuation year. B. …

A. Producing oil, gas and geothermal resource interests shall be valued for tax purposes at the amount of the gross yield for the preceding calendar year. The gross yield is the valuation of the oil, gas or geothermal resource interests of the lands from which the oil, gas or geo…

If producing oil, gas and geothermal resource interests are owned by a person other than the owner of the land, they shall be listed, the valuation shall be determined and the interests shall be taxed individually as separate parcels of real estate separate from the land.

A. The department shall annually determine the valuation, in the manner prescribed by this article, of all property, owned or leased, and used by taxpayers in the following businesses: 1. Operation of a natural gas distribution system. 2. Operation of a water utility system. 3. O…

A. Except as provided by section 42-14155, on or before April 1 of each year, each company that is valued pursuant to this article shall file a report with the department, under oath, stating the information that the department requires to enable it to make a valuation of the pro…

A. On or before August 31 of each year the department shall find the full cash value of the property of each property that is listed in section 42-14151 and that operates in this state. B. On or before November 30 the department shall transmit to the respective county assessors: …

A. The valuation of all electric transmission, electric distribution, gas distribution, combination gas and electric transmission and distribution, and transmission and distribution cooperative property that is subject to valuation for tax purposes shall be determined in the mann…

B. The full cash value of renewable energy and storage equipment is twenty percent of the depreciated cost of the equipment. Depreciated cost shall be determined by deducting depreciation from taxable original cost. Depreciation shall not exceed ninety percent of the adjusted ori…

A. The valuation of electric generation facilities referred to in section 42-14151, subsection A, paragraph 4 shall be determined as follows: 1. The value of land used in operating the facility shall be the cost to the current owner as of December 31 of the preceding calendar yea…

A. The value of property computed under sections 42-14154, 42-14156 and 42-14159 shall be allocated among the various taxing jurisdictions as follows: 1. Combine the values for plant in service and materials and supplies pursuant to section 42-14154 or 42-14159 with the value of …

A. To achieve equity in the full cash values of existing and new electric generation facilities, the department shall compute adjusted original costs for existing generation facilities in lieu of actual cost for use in determining the full cash values in accordance with section 4…

A. The department shall determine the valuation of the electric distribution and transmission property of a distribution cooperative as defined in section 42-14154 that is operating in this state as follows: 1. Compute the value of the property pursuant to section 42-14154, subse…

The department shall annually determine, in the manner prescribed by this article, the valuation of pipelines that operate in this state.

A. On or before April 1 of each year each company that is valued pursuant to this article shall file a report with the department, under oath, stating the information that the department requires to enable it to make a valuation of the company. B. On written request and for good …

A. On or before August 31 of each year, the department shall find the full cash value of the property of each pipeline that operates in this state. B. The valuation required by this section is the value determined as of January 1 of the valuation year. C. On or before November 30…

A. The valuation of pipeline property that is subject to valuation for tax purposes shall be determined in the manner prescribed by this section. B. The value of construction work in progress equals eighty-five percent of the amount spent and entered on the taxpayer's accounting …

1. There is a final ruling by a court of competent jurisdiction in this state that the full cash value of a pipeline in this state using the method prescribed by section 42-14204 is more than the market value of the pipeline property using standard appraisal methods and technique…

In this article, unless the context otherwise requires: 1. "Air commerce" means the scheduled transportation by aircraft of persons or property for hire in interstate, intrastate or international transportation. 2. "Aircraft" means any device that is used or designed for navigati…

The valuation of flight property and small flight property of airline companies operating in this state shall be determined annually by the department in the manner prescribed by this article.

A. On or before April 1 of each year each company that operates in air commerce in this state shall file a report with the department under oath stating specifically the information prescribed by the department to allow it to determine the valuation required by this article. The …

A. On or before August 31 the department shall determine the full cash value of all flight property that is operated in this state in air commerce by each airline company. The full cash value is the value determined as of January 1 of the valuation year. B. The department shall: …

A. The department shall annually: 1. Enter in its records the full cash value as determined under this article of the flight property of the airline companies in this state. 2. Assess the property as provided by sections 42-12005 and 42-15005. 3. Levy a tax against the values so …

An airline company may apply for administrative review and appeal of any determination under this article pursuant to article 1 of this chapter.

The tax imposed by this article: 1. Is a debt of the airline company. 2. May be collected by an action instituted and prosecuted by the attorney general on the director's request. 3. Is a lien pursuant to section 42-17154 against the assessed flight property. 4. Is also a lien ag…

In this article, unless the context otherwise requires: 1. "Entire receipts" means, as applied to a private car company operating partly in and partly outside this state, all earnings on business beginning and ending in this state, and a proportion based on the proportion of mile…

A car that is described in section 42-14301, paragraph 2 and that is used exclusively in this state or that is used partly in and partly outside this state: 1. Has a situs in this state for purposes of taxation. 2. Is subject to valuation under this article.

On or before April 1 each private car company shall file an annual statement with the department. The statement shall be in a form prescribed and furnished by the department and under the oath of a company officer who is designated by the company. The statement shall contain: 1. …

A. If a private car company knowingly fails or refuses to file the statement required by this article, the department shall assess a penalty in the amount of the lesser of: (a) One-half of one per cent of the value that is estimated by the department. (b) One hundred dollars per …

A. On or before June 15 of each year, the department shall determine the full cash value of the company's property in this state whether it is used in intrastate or interstate business. That value constitutes the full cash value of the property of the private car company in this …

A. On or before July 15 of each year, a private car company may request in writing that the department review its valuation. The department shall rule on any review of valuation on or before August 31 and shall notify the private car company of its ruling by first class mail or e…

A. On or before October 1 a private car company may appeal the department's valuation of its property to the state board of equalization as provided by section 42-16158. The state board shall immediately notify the department of the appeal. B. The state board shall decide all pri…

A. The department shall annually: 1. Enter in its records the full cash value of each private car company in this state as determined under this article. 2. Assess the property as provided by sections 42-12005 and 42-15005. 3. Levy a tax against the values so determined and asses…

The tax imposed by this article: 1. Is a debt of the private car company. 2. May be collected by an action instituted and prosecuted by the attorney general on the director's request. 3. Is a lien pursuant to section 42-17154 against the private car property. 4. Is also a lien ag…

The department shall annually determine the valuation, pursuant to this article, of all operating property of railroad companies in this state in the manner provided by this article.

A. On or before April 1 of each year each person that owns, operates or constructs a railroad in this state, by its president, secretary, tax agent or principal accounting officer, shall file with the department a sworn statement or schedule containing: 1. A statement of the rail…

A. If a railroad company fails or refuses to file the statement or schedule, the department shall assess a penalty in the amount of the lesser of: 1. One-half of one per cent of the value that is estimated by the department. 2. One hundred dollars per day for each day the company…

A. On or before August 31 of each year the department shall determine the valuation as of January 1 of the valuation year of all operating property of railroad companies in the manner prescribed by this article. Property that a railroad company owns or leases but that is not used…