Arizona Tax Changes - January 2025
Transaction Privilege Tax (TPT) Rates for February 2025
- Announcement: The Arizona Department of Revenue has announced the TPT rates for February 2025.
- Details:
- No changes in TPT rates for February.
- Includes tables for medical and adult use marijuana TPT codes.
- Effective Date: Rates effective from February 1, 2025.
Revised Publication on Residential Rentals
- Publication: The Arizona Department of Revenue revised Publication 645 titled "Transaction Privilege Tax-Residential Rental."
- Key Points:
- Provides guidance on TPT for residential rental businesses for property owners and landlords.
- No state or county TPT is applied to residential rentals.
- Reflects that from December 31, 2024, there is no longer a city privilege tax on residential rentals.
Arizona General Administrative Provisions—Arizona governor delivers 2025 State of State address.
On January 13, 2025, Arizona Governor Katie Hobbs delivered her State of the State Address. The Governor did not discuss any new taxes, but instead focused on affordable housing, including extending the state's Low-Income Housing Tax Credit, limiting the proliferation of vacation rentals owned by out-of-state corporations, and doubling the number of first-time homebuyers who receive assistance under the Arizona is Home Program.
Arizona Property Tax—Arizona publishes its annual calendar of legal events and assessments.
The Arizona Department of Revenue has published its annual legal calendar, which is divided into four sections. The first three sections contain property tax calendars of legal events and assessments according to the type of property being assessed: the locally assessed real property calendar, the locally assessed personal property calendar, and the centrally valued property calendar. The fourth section contains a property tax calendar of legal events and assessments that do not include established calendar dates. (2025 Annual Calendars of Legal Events and Assessments, Ariz. Dept. of Rev., 01/01/2025.)
Arizona Property Tax—Arizona publishes annual business personal property valuation manual and valuation index.
The Arizona Department of Revenue has updated its business personal property manual and its personal property and valuation index for 2025. The manual provides standard and statutory appraisal methods and techniques that are used in the identification, classification, valuation, and assessment of property for ad valorem purposes. The index contains tables with valuation factors such as standard and additional depreciation, which help simplify the calculation of replacement cost new less depreciation (RCNLD) of the property. The tables are indexed according to the property type being valued. Both a general property index and a manufacturing property index are provided. (2025 Business Personal Property Manual, Ariz. Dept. of Rev., 01/01/2025; 2025 Personal Property Valuation Tables and Index, Ariz. Dept. of Rev., 01/01/2025.)
Arizona Sales and Use Tax Rates—Arizona announces TPT rates for February 2025.
The Arizona Department of Revenue has announced the transaction privilege tax (TPT) rates for February 2025. Also included are the tables for medical and adult use marijuana TPT codes. There are no rate changes for the month of February. (Transaction Privilege and Other Rate Tables, Ariz. Dept. Rev., eff. 02/01/2025.)
Arizona Sales & Use Taxes—Arizona announces TPT rates for February 2025.
The Arizona Department of Revenue has announced the transaction privilege tax (TPT) rates for February 2025. Also included are the tables for medical and adult use marijuana TPT codes. There are no rate changes for the month of February. (Transaction Privilege and Other Rate Tables, Ariz. Dept. Rev., eff. 02/01/2025.)
Arizona Sales & Use Taxes—Arizona revises publication on residential rentals.
The Arizona Department of Revenue (DOR) has revised its publication 645, "Transaction Privilege Tax-Residential Rental," which provides general information about transaction privilege tax (TPT) on residential rental businesses for property owners and landlords. TPT is imposed on persons engaged in business under the residential rental classification by the Model City Tax Code. The publication provides guidance to those who may not have filed their residential rental city privilege tax returns and for those who may have had an outstanding liability prior to December 31, 2024. There is no state or county TPT on residential rental. The publication has been revised to reflect that from and after December 31, 2024, there is no longer city privilege tax imposed on residential rentals. (Arizona DOR Publication No. 645, 01/01/2025.)
Arizona General Administrative Provisions—Arizona governor delivers 2025 State of State address.
On January 13, 2025, Arizona Governor Katie Hobbs delivered her State of the State Address. The Governor did not discuss any new taxes, but instead focused on affordable housing, including extending the state's Low-Income Housing Tax Credit, limiting the proliferation of vacation rentals owned by out-of-state corporations, and doubling the number of first-time homebuyers who receive assistance under the Arizona is Home Program.
Arizona Property Tax—Arizona publishes its annual calendar of legal events and assessments.
The Arizona Department of Revenue has published its annual legal calendar, which is divided into four sections. The first three sections contain property tax calendars of legal events and assessments according to the type of property being assessed: the locally assessed real property calendar, the locally assessed personal property calendar, and the centrally valued property calendar. The fourth section contains a property tax calendar of legal events and assessments that do not include established calendar dates. (2025 Annual Calendars of Legal Events and Assessments, Ariz. Dept. of Rev., 01/01/2025.)
Arizona Property Tax—Arizona publishes annual business personal property valuation manual and valuation index.
The Arizona Department of Revenue has updated its business personal property manual and its personal property and valuation index for 2025. The manual provides standard and statutory appraisal methods and techniques that are used in the identification, classification, valuation, and assessment of property for ad valorem purposes. The index contains tables with valuation factors such as standard and additional depreciation, which help simplify the calculation of replacement cost new less depreciation (RCNLD) of the property. The tables are indexed according to the property type being valued. Both a general property index and a manufacturing property index are provided. (2025 Business Personal Property Manual, Ariz. Dept. of Rev., 01/01/2025; 2025 Personal Property Valuation Tables and Index, Ariz. Dept. of Rev., 01/01/2025.)
Arizona Sales and Use Tax Rates—Arizona announces TPT rates for February 2025.
The Arizona Department of Revenue has announced the transaction privilege tax (TPT) rates for February 2025. Also included are the tables for medical and adult use marijuana TPT codes. There are no rate changes for the month of February. (Transaction Privilege and Other Rate Tables, Ariz. Dept. Rev., eff. 02/01/2025.)
Arizona Sales & Use Taxes—Arizona announces TPT rates for February 2025.
The Arizona Department of Revenue has announced the transaction privilege tax (TPT) rates for February 2025. Also included are the tables for medical and adult use marijuana TPT codes. There are no rate changes for the month of February. (Transaction Privilege and Other Rate Tables, Ariz. Dept. Rev., eff. 02/01/2025.)
Arizona Sales & Use Taxes—Arizona revises publication on residential rentals.
The Arizona Department of Revenue (DOR) has revised its publication 645, "Transaction Privilege Tax-Residential Rental," which provides general information about transaction privilege tax (TPT) on residential rental businesses for property owners and landlords. TPT is imposed on persons engaged in business under the residential rental classification by the Model City Tax Code. The publication provides guidance to those who may not have filed their residential rental city privilege tax returns and for those who may have had an outstanding liability prior to December 31, 2024. There is no state or county TPT on residential rental. The publication has been revised to reflect that from and after December 31, 2024, there is no longer city privilege tax imposed on residential rentals. (Arizona DOR Publication No. 645, 01/01/2025.)