There is a newer version
of
this Section
2020 Arizona Revised Statutes
Title 42 - Taxation
§ 42-19103 Proration of tax on property that is leased or rented from inventory
Universal Citation: AZ Rev Stat § 42-19103 (2020)
42-19103. Proration of tax on property that is leased or rented from inventory
The taxes that are levied on personal property that is periodically leased or rented from the inventory of retailers or wholesalers assessed pursuant to section 42-19005 shall be prorated by three hundred sixty-fifths to be determined by the number of days the property is leased or rented.
Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.