ARIZONAThe article reports on the issuance by the Arizona Department of Revenue of a private taxpayer ruling on the application of transaction privilege tax (TPT) to a company's gross income from its computing capacity and data storage s...
It is a gross receipts tax, which means that the taxes are levied from the gross receipts of each vendor as opposed to the liability of the buyer (although vedors can pass the TPT on to the buyer, and most do). However, in addition to the TPT, cities and counties have the ability ...
Businesses that need to collect TPT include retail operations, contractors, and hospitality providers. You can see if your business needs a license as well as apply for one on the Arizona Department of Revenue’s website. Certain professions, like nursing, lobbying, teaching, and real estate, ...
If your business engages in activities subject to Arizona’s TPT, you’ll need to get a license from the Arizona Department of Revenue. In addition to the above taxes, you might need to pay taxes based on your city — however, the Department of Revenue will collect city tax on the city...
s sales tax will generate approximately $150 million annually for the state’s fire districts. These increased resources will take the pressure off our fire fighters and paramedics; and help ensure they have the equipment and training they need to provide fire, emergency and medical services to ...