Arizona Statutes
§ 43-1141 — Valuation of property
Arizona·Title 43 Arizona Revised Statutes·Ch. 11 CORPORATIONS·Art. 4 Uniform Division of Income for Tax Purposes Act
Property owned by the taxpayer is valued at its original cost. Property rented by the taxpayer is valued at eight times the net annual rental rate. Net annual rental rate is the annual rental rate paid by the taxpayer less any annual rental rate received by the taxpayer from subrentals.
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Related
State ex rel. Arizona Department of Revenue v. Talley Industries, Inc.
893 P.2d 17 (Court of Appeals of Arizona, 1994)
General Motors Corp. v. Arizona Department of Revenue
938 P.2d 481 (Court of Appeals of Arizona, 1996)
Walter E. Heller Western, Inc. v. Arizona Department of Revenue
775 P.2d 1113 (Arizona Supreme Court, 1989)
Walter E. Heller Western, Inc. v. Arizona Department of Revenue
775 P.2d 1109 (Court of Appeals of Arizona, 1986)
Nearby Sections
15
§ 43-1001
Definitions§ 43-101
Title§ 43-1011
Taxes and tax rates§ 43-1011; Version 2
Taxes and tax rates§ 43-1012
Optional tax table§ 43-102
Declaration of intent§ 43-1021
Addition to Arizona gross income