Arizona business owners, are you tired of filing multiple forms to report your transaction privilege tax (TPT) each month? If so, you are in luck. With the enactment of HB 2111, effective January 1, 2015, there will be one form on which you report your sales and use taxes, and one payment to remit your tax liabilities for all counties and cities in Arizona. You will no longer have to file up to nineteen separate reports each month. Arizona Department of Revenue will add the eighteen cities that currently administer their own TPT to the seventy-three other cities for which they already administer and collect taxes.
This change is effective for all business owners in Arizona that file and pay transaction privilege taxes with Arizona Department of Revenue and any city in Arizona. The new reporting will begin with the January 2015 report that will be filed in February 2015.
Other changes that will take effect on January 1, 2015 include mandatory e-filing for taxpayers who have more than one business location. Beginning this Fall, DOR will now assess and collect annual license renewal fees. Furthermore, Arizona Department of Revenue eliminates the necessity of mailing in a signature card when registering on the AZTaxes.gov website.
For additional information on TPT simplification and signing up to process and pay your taxes online, please visit the following websites: