Arizona Tax Changes - October 2024
Week Of 09.21.2024
Arizona Residential Rental Tax Changes:
Starting January 1, 2025, Arizona residential rental property owners will no longer be required to collect and remit city transaction privilege tax (TPT) on long-term lodging stays of 30 days or more.
Key Points:
- No City Tax: The change eliminates the city TPT for residential rentals of 30 days or more.
- State and County Taxes: There are no state or county taxes on residential rentals.
- Other Obligations: Property owners still need to register their property with the county assessor and comply with landlord-tenant laws and other government requirements.
- Short-Term Stays: Hotels, motels, and other transient lodging businesses that book stays for less than 30 days will continue to collect and remit TPT.
Important Note: This change only affects long-term residential rentals (30 days or more). Short-term rentals will still be subject to the city TPT.
Week Of 09.30.2024
Arizona Sales and Use Tax Rates—Arizona publishes TPT rate tables for November 2024.
The Arizona Department of Revenue has updated its transaction privilege tax (TPT) rate tables for November 2024. Also included are the tables for medical and adult use marijuana TPT codes. There are no rate changes for the month of November. (Transaction Privilege and Other Tax Rate Tables, Ariz. Dept. of Rev., eff. 11/01/2024.)
Arizona Sales & Use Taxes—Arizona publishes TPT rate tables for November 2024.
The Arizona Department of Revenue has updated its transaction privilege tax (TPT) rate tables for November 2024. Also included are the tables for medical and adult use marijuana TPT codes. There are no rate changes for the month of November. (Transaction Privilege and Other Tax Rate Tables, Ariz. Dept. of Rev., eff. 11/01/2024.)
Week Of 09.21.2024
Arizona Sales & Use Taxes—Arizona explains upcoming residential rental tax changes.
The Arizona Department of Revenue (DOR) is informing property management companies and residential rental property owners of upcoming changes to Arizona tax law for residential rental properties. Starting January 1, 2025, residential rental property owners should no longer collect and remit any city transaction privilege tax (TPT) on the income derived from long term lodging stays of 30 days or more to DOR. Residential rental - business code 045, is the rental of real property for a period of 30 or more consecutive days for residential purposes only and not commercial. Currently, there is no state or county tax imposed on residential rentals, and the upcoming change to the tax law will eliminate the city tax. While there will no longer be a city TPT obligation beginning January 1, 2025, this does not affect the obligations to register the property with the county assessor to comply with landlord tenant laws or other compliance requirements from government entities. The DOR noted that hotel, motel, or other transient lodging businesses which book stays for fewer than 30 days must still collect and remit TPT under the transient lodging or hotel classification. (Arizona Transaction Privilege Tax Changes and News No. 09/01/2024, 09/01/2024.)
Week Of 09.30.2024
Arizona Sales and Use Tax Rates—Arizona publishes TPT rate tables for November 2024.
The Arizona Department of Revenue has updated its transaction privilege tax (TPT) rate tables for November 2024. Also included are the tables for medical and adult use marijuana TPT codes. There are no rate changes for the month of November. (Transaction Privilege and Other Tax Rate Tables, Ariz. Dept. of Rev., eff. 11/01/2024.)
Arizona Sales & Use Taxes—Arizona publishes TPT rate tables for November 2024.
The Arizona Department of Revenue has updated its transaction privilege tax (TPT) rate tables for November 2024. Also included are the tables for medical and adult use marijuana TPT codes. There are no rate changes for the month of November. (Transaction Privilege and Other Tax Rate Tables, Ariz. Dept. of Rev., eff. 11/01/2024.)
Week Of 09.21.2024
Arizona Sales & Use Taxes—Arizona explains upcoming residential rental tax changes.
The Arizona Department of Revenue (DOR) is informing property management companies and residential rental property owners of upcoming changes to Arizona tax law for residential rental properties. Starting January 1, 2025, residential rental property owners should no longer collect and remit any city transaction privilege tax (TPT) on the income derived from long term lodging stays of 30 days or more to DOR. Residential rental - business code 045, is the rental of real property for a period of 30 or more consecutive days for residential purposes only and not commercial. Currently, there is no state or county tax imposed on residential rentals, and the upcoming change to the tax law will eliminate the city tax. While there will no longer be a city TPT obligation beginning January 1, 2025, this does not affect the obligations to register the property with the county assessor to comply with landlord tenant laws or other compliance requirements from government entities. The DOR noted that hotel, motel, or other transient lodging businesses which book stays for fewer than 30 days must still collect and remit TPT under the transient lodging or hotel classification. (Arizona Transaction Privilege Tax Changes and News No. 09/01/2024, 09/01/2024.)