LLCs in Arizona are also required to pay the transaction privilege tax (TPT). While the TPT resembles a sales tax, it’s actually a tax for the privilege of running an LLC within Arizona. If your business engages in activities subject to Arizona’s TPT, you’ll need to get a license ...
Reporting sales. When filling out the tax return (TPT- 1), the gross income from the business must be reported. Tax exempt sales, such as subcontracting business and sales for resale (wholesale), may be deducted. Use tax must be reported and paid on merchandise ...