§ 43-101 – Title
43-101. Title This title shall be known and may be cited as the Arizona income tax act of 1978.
§ 43-102 – Declaration of intent
43-102. Declaration of intent A. It is the intent of the legislature by the adoption of this title to accomplish the following objectives: 1. To adopt the provisions of the federal internal revenue code relating to the measurement of adjusted gross income for individuals, to the end that adjusted gross income reported each taxable year […]
§ 43-103 – Effective date
43-103. Effective date The provisions of this act shall apply only to taxable years beginning after December 31, 1978.
§ 43-104 – Definitions
43-104. Definitions In this title, unless the context otherwise requires: 1. " Assessment" includes a proposed additional assessment. 2. " Board" means the state board of tax appeals or, if applicable, a division of the state board. 3. " Corporation" means a corporation, joint stock company, bank, insurance company, business trust or so-called " Massachusetts […]
§ 43-105 – Internal revenue code; definition; application
43-105. Internal revenue code; definition; application A. For the purposes of computing income tax pursuant to this title, for taxable years beginning from and after December 31, 2021, " internal revenue code" means the United States internal revenue code of 1986, as amended, in effect on January 1, 2022, including those provisions that became effective […]
§ 43-107 – Nonconformity in application of internal revenue code; abatement of penalties and interest; definitions
43-107. Nonconformity in application of internal revenue code; abatement of penalties and interest; definitions A. Notwithstanding sections 42-1123 and 42-1125, no interest or penalty may be assessed on a nonconformity deficiency if all of the following are true for a taxable year: 1. The taxpayer filed a return and paid the taxes due, relying on […]
§ 43-108 – Subtraction from gross income; ordinary and necessary expenses; marijuana establishments and marijuana testing facilities; definitions
43-108. Subtraction from gross income; ordinary and necessary expenses; marijuana establishments and marijuana testing facilities; definitions (Caution: 1998 Prop. 105 applies) A. Notwithstanding any other law, in computing Arizona adjusted gross income or Arizona taxable income for a taxpayer, all ordinary and necessary expenses paid or incurred during the taxable year in carrying on a […]