§ 43-1131 Definitions
§ 43-1132 Taxpayers liable; exceptions to allocation and apportionment; examination of evidence of income and expenses
§ 43-1133 Taxability in other state
§ 43-1134 Allocation of nonbusiness income
§ 43-1135 Net rents and royalties
§ 43-1136 Capital gains and losses
§ 43-1137 Interest and dividends
§ 43-1138 Patent and copyright royalties
§ 43-1139 Allocation of business income
§ 43-1140 Property factor
§ 43-1141 Valuation of property
§ 43-1142 Average value of property
§ 43-1143 Payroll factor
§ 43-1144 Compensation paid in state
§ 43-1145 Sales factor
§ 43-1146 Situs of sales of tangible personal property
§ 43-1147 Situs of sales of other than tangible personal property; definitions
§ 43-1148 Apportionment by department
§ 43-1149 Interpretation
§ 43-1150 Short title

Terms Used In Arizona Laws > Title 43 > Chapter 11 > Article 4 - Uniform Division of Income for Tax Purposes Act

  • Business income: means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations. See Arizona Laws 43-1131
  • Commercial domicile: means the principal place from which the trade or business of the taxpayer is directed or managed. See Arizona Laws 43-1131
  • Compensation: means wages, salaries, commissions and any other form of remuneration paid to employees for personal services. See Arizona Laws 43-1131
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Corporation: means a corporation, joint stock company, bank, insurance company, business trust or so-called "Massachusetts trust" investment company or building and loan association and any other association whether incorporated or unincorporated. See Arizona Laws 43-104
  • Department: means the department of revenue, the director or the director's authorized delegate, as the context requires. See Arizona Laws 43-104
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Foreign country: means any jurisdiction other than one embraced within the United States. See Arizona Laws 43-104
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Individual: means a natural person. See Arizona Laws 43-104
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Net income: means Arizona taxable income. See Arizona Laws 43-1101
  • Nonbusiness income: means all income other than business income. See Arizona Laws 43-1131
  • Person: includes individuals, fiduciaries, partnerships and corporations. See Arizona Laws 43-104
  • Personal property: All property that is not real property.
  • Personal property: includes money, goods, chattels, things in action and evidences of debt. See Arizona Laws 1-215
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Sales: means all gross receipts of the taxpayer not allocated under this article. See Arizona Laws 43-1131
  • State: means any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, any territory or possession of the United States and any foreign country or political subdivision thereof. See Arizona Laws 43-1131
  • Tax: means the taxes imposed under this title. See Arizona Laws 43-104
  • Taxable year: means :

    (a) The calendar year or the fiscal year, ending during such calendar year, on the basis of which the taxable income is computed under this title. See Arizona Laws 43-104

  • Taxpayer: means any person subject to the tax imposed by this title. See Arizona Laws 43-1131
  • Trade or business: includes the performance of the functions of a public office. See Arizona Laws 43-104
  • United States: when used in a geographical sense, includes the states, the District of Columbia and the possessions of the United States. See Arizona Laws 43-104