Arizona § 43-242 Change of taxpayer organization; nontaxable event

Arizona Statutes

§ 43-242 — Change of taxpayer organization; nontaxable event

Arizona § 43-242

Title 43Arizona Revised Statutes

Ch. 2ADMINISTRATION

Art. 3Miscellaneous Provisions

This text of Arizona § 43-242 (Change of taxpayer organization; nontaxable event) 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. § 43-242 (2026).

Text

Notwithstanding any provision of the internal revenue code or any federal rule or regulation adopted pursuant to the internal revenue code, a change in the organizational structure of a corporation, including an S corporation, or a limited liability company, a partnership or any other entity, however organized, into another organizational structure is not a taxable event for the purposes of this title if there is no change among the owners, their ownership interests or the assets of the organization.

Free access — add to your briefcase to read the full text and ask questions with AI

Notwithstanding any provision of the internal revenue code or any federal rule or regulation adopted pursuant to the internal revenue code, a change in the organizational structure of a corporation, including an S corporation, or a limited liability company, a partnership or any other entity, however organized, into another organizational structure is not a taxable event for the purposes of this title if there is no change among the owners, their ownership interests or the assets of the organization.