Arizona Statutes

§ 27-538 — Federal taxation

Arizona·Title 27 Arizona Revised Statutes·Ch. 4 OIL AND GAS·Art. 1. Fieldwide Unitization
Any unit agreement approved by the commission shall contain language suggested by the internal revenue service under I.T. 3930 and I.T. 3948 so that owners in the unitized area will not be held taxable as a corporation.

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