Arizona Laws 43-1111. Tax rates for corporations
There shall be levied, collected and paid for each taxable year upon the entire Arizona taxable income of every corporation, unless exempt under section 43-1126 or 43-1201 or as otherwise provided in this title or by law, taxes in an amount of the greater of fifty dollars or:
Terms Used In Arizona Laws 43-1111
- Net income: means Arizona taxable income. See Arizona Laws 43-1101
- 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
1. For taxable years beginning through December 31, 2013, 6.968 per cent of net income.
2. For taxable years beginning from and after December 31, 2013 through December 31, 2014, 6.5 per cent of net income.
3. For taxable years beginning from and after December 31, 2014 through December 31, 2015, 6.0 per cent of net income.
4. For taxable years beginning from and after December 31, 2015 through December 31, 2016, 5.5 per cent of net income.
5. For taxable years beginning from and after December 31, 2016, 4.9 per cent of net income.