Arizona Statutes

§ 43-1127 — Deferred exploration expenses

Arizona § 43-1127
JurisdictionArizona
Title 43Arizona Revised Statutes
Ch. 11CORPORATIONS
Art. 3Adjustments to Arizona Gross Income

This text of Arizona § 43-1127 (Deferred exploration expenses) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ariz. Rev. Stat. Ann. § 43-1127 (2026).

Text

The amount of exploration expenses added to Arizona gross income pursuant to section 43-1121, paragraph 10 may be subtracted on a ratable basis as the units of produced ores or minerals discovered or explored by reason of such expenditures are sold. An election made for any taxable year shall be binding for that year.

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Bluebook (online)
Arizona § 43-1127, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/43-1127.