The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
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:
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.