2017 Arizona Revised Statutes
Title 42 - Taxation
§ 42-1129 Payment of tax by electronic funds transfer

Universal Citation: AZ Rev Stat § 42-1129 (2017)

42-1129. Payment of tax by electronic funds transfer

A. The department may require by rule, consistent with the state treasurer's cash management policies, that any tax administered pursuant to this article, except individual income tax, be paid on or before the payment date prescribed by law in monies that are immediately available to the state on the date of the transfer as provided by subsection B of this section by any taxpayer that owes:

1. Twenty thousand dollars or more for any taxable year ending before January 1, 2019.

2. Ten thousand dollars or more for any taxable year beginning from and after December 31, 2018 through December 31, 2019.

3. Five thousand dollars or more for any taxable year beginning from and after December 31, 2019 through December 31, 2020.

4. Five hundred dollars or more for any taxable year beginning from and after December 31, 2020.

B. A payment in immediately available monies shall be made by electronic funds transfer, with the state treasurer's approval, that ensures the availability of the monies to this state on the date of payment.

C. A taxpayer may apply to the director, on a form prescribed by the department, for an annual waiver from the electronic payment requirement prescribed by subsection B of this section. The application must be received by the department on or before December 31. The director may grant the waiver, which may be renewed, if any of the following applies:

1. The taxpayer has no computer.

2. The taxpayer has no internet access.

3. Any other circumstance considered to be worthy by the director.

D. The taxpayer shall furnish evidence as prescribed by the department that the payment was remitted on or before the due date.

E. A taxpayer who is required to make payment by electronic funds transfer but who fails to do so is subject to the civil penalties prescribed by section 42-1125, subsection O.

F. A failure to make a timely payment in immediately available monies as prescribed pursuant to this section is subject to the civil penalties prescribed by section 42-1125, subsection D.

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