Title 43 — Taxation of Income
16 chapters · 269 sections in this title.
A.R.S. § 43-201 Preemption by state of income taxation
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The area of income taxation is preempted by the state, and a county, city, town or other political subdivision of this state shall not levy an income tax, so long as the urban revenue sharing fund is maintained as provided in section 43-206.
A.R.S. § 43-202 Object of tax
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The object for which the taxes are imposed by this title is to assist in defraying the cost of maintenance of the state government and to lessen the burden in this regard resting upon tangible property. All taxes collected under the provisions of this title shall be used, togethe…
A.R.S. § 43-203 Severability
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If any provision of this title be held invalid, such invalidity shall not affect other provisions which can be given effect without the invalid provision and to this end the provisions of this title are declared to be severable.
A.R.S. § 43-204 Repeal; savings clause
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The "income tax act of 1933", being sections 73-1501 to 73-1551, inclusive, as amended, Arizona code of 1939, is repealed. The "income tax act of 1954", as amended, Arizona Revised Statutes of 1956, is also repealed. Such repeals shall not affect any act done or any right accruin…
A.R.S. § 43-206 Urban revenue sharing fund; allocation; distribution; withholding
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A. The urban revenue sharing fund is established. Through fiscal year 2022-2023, the fund consists of an amount equal to fifteen percent of the net proceeds of the state income taxes for the fiscal year two years preceding the current fiscal year. Beginning in fiscal year 2023-20…
A.R.S. § 43-207 Illegal income; duty of law enforcement or prosecuting agency; distribution of revenue; definitions
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A. Whenever state or local law enforcement agency personnel in the course of an investigation obtain knowledge or a good faith belief that a person has received illegal income with an estimated value in excess of one thousand dollars, the person in charge of the investigation sha…
A.R.S. § 43-208 Administration and enforcement
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The department shall administer and enforce this title. In addition to the administrative provisions of this title, title 42, chapter 1, article 3, including the civil and criminal penalties prescribed by sections 42-1125 and 42-1127, applies to this title.
A.R.S. § 43-209 Collection of tax on income of professional athletes earned in this state; separate accounting for tax revenue from professional football and baseball; definitions
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A. The department shall adopt and enforce rules for the collection of tax under this title on the income earned for services rendered in this state by professional athletes and employees of professional sport franchise organizations. B. On or before December 31 of each year each …
A.R.S. § 43-210 Premium tax credit; health insurance; certification of qualified persons; violation; classification; definitions
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A. The department shall issue a certificate of eligibility to a person who files an application with the department in the form and manner prescribed by the department on a first come, first served basis, subject to subsection E. An application submitted to the department under t…
A.R.S. § 43-211 I didn't pay enough fund
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A. The I didn't pay enough fund is established consisting of monies received pursuant to section 43-621. B. The director of the department of revenue shall administer the fund. On notice from the director, the state treasurer shall invest and divest monies in the fund as provided…
A.R.S. § 43-212 Individual income tax model; fiscal impact requests; staff access
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B. The individual income tax model shall: 1. At a minimum, allow for the adjustment of individual income tax law parameters against an anonymized representative sample of individual income tax returns. 2. Include procedures to protect taxpayer confidentiality under applicable sta…
A.R.S. § 43-221 Joint legislative income tax credit review committee; report
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A. The joint legislative income tax credit review committee is established consisting of the following members: 1. Five members of the house of representatives ways and means committee appointed by the speaker of the house of representatives. Not more than three appointees shall …
A.R.S. § 43-222 Income tax credit review schedule
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The joint legislative income tax credit review committee shall review the following income tax credits: 1. For years ending in 0 and 5, sections 43-1079.01, 43-1088, 43-1089.04, 43-1167.01 and 43-1175. 2. For years ending in 1 and 6, sections 43-1072.02, 43-1074.02, 43-1075, 43-1…
A.R.S. § 43-223 Requirements for new income tax credits established by the legislature
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Any new individual or corporate income tax credit that is enacted by the legislature shall include in its enabling legislation: 1. A specific review year for the joint legislative income tax credit review committee to review the credit. The specific review year shall be the fifth…
A.R.S. § 43-224 Individual and corporate income tax credits; annual report; termination of unused credits
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A. On or before September 30 of each year, the department shall report to the directors of the joint legislative budget committee and the governor's office of strategic planning and budgeting on the amount of individual income tax credits and corporate income tax credits that wer…
A.R.S. § 43-241 Time for performance of acts; definition
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B. For the purposes of this section "legal holiday" shall include holidays specified in section 1-301 and holidays determined by the United States secretary of the treasury for the purposes of section 7503 of the internal revenue code.
A.R.S. § 43-242 Change of taxpayer organization; nontaxable event
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Notwithstanding any provision of the internal revenue code or any federal rule or regulation adopted pursuant to the internal revenue code, a change in the organizational structure of a corporation, including an S corporation, or a limited liability company, a partnership or any …
A.R.S. § 43-243 State general fund revenue notification; tax rate adjustment
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B. On or before September 30, 2023 and on or before September 30 of each year until the notice is provided as prescribed in subsection A of this section or paragraph 1 of this subsection, and paragraph 2 of this subsection, the director of the joint legislative budget committee a…
A.R.S. § 43-244 State general fund revenue notification; tax rate adjustment
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B. On or before September 30, 2023 and on or before September 30 of each year until the notice is provided as prescribed in subsection A of this section or paragraph 1 of this subsection, and paragraph 2 of this subsection, the director of the joint legislative budget committee a…