Arizona § 42-5202 Levy of tax

Arizona Statutes

§ 42-5202 — Levy of tax

Arizona § 42-5202

Title 42Arizona Revised Statutes

Ch. 5TRANSACTION PRIVILEGE AND AFFILIATED EXCISE TAXES

Art. 5Severance Tax

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Bluebook

Ariz. Rev. Stat. Ann. § 42-5202 (2026).

Text

A.There is levied on any severer, and the department shall collect, an excise tax, denominated as a severance tax.

B.Except as provided in section 42-5203, the severance tax is in lieu of any other tax imposed upon the activities of mining and processing by article 1 of this chapter.

C.The amount of the severance tax levied on a severer engaging in the business of mining shall be determined by multiplying the net severance base by two and one-half per cent.

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A. There is levied on any severer, and the department shall collect, an excise tax, denominated as a severance tax.

B. Except as provided in section 42-5203, the severance tax is in lieu of any other tax imposed upon the activities of mining and processing by article 1 of this chapter.

C. The amount of the severance tax levied on a severer engaging in the business of mining shall be determined by multiplying the net severance base by two and one-half per cent.