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Transaction privilege tax (TPT) refers to a gross receipts tax levied by the state of Arizona on certain persons for the privilege of conducting business in the state. TPT differs from the "true" sales tax imposed by many other U.S. states as it is imposed upon the seller or lessor rather than the purchaser or lessee.
For those with an Arizona Transaction Privilege Tax (TPT) license, this must be canceled as well. Mailing a final transaction privilege tax return with the Arizona Department of Revenue will ...
A privilege tax is a tax levied in exchange for a privilege or license granted to the taxpayer. The fee for registering a motor vehicle is one example of a privilege tax. Many taxes on businesses are characterized as privilege taxes. For example, Arizona's transaction privilege tax is a gross receipts tax on business. In the 1911 case of Flint v
The state transaction privilege tax is 5.6%; however, county and municipal sales taxes generally add an additional 2%. The state rate on transient lodging (hotel/motel) is 7.27%. The state of Arizona does not levy a state tax on food for home consumption or on drugs prescribed by a licensed physician or dentist.
Arizona State Tax Commission; T. Transaction privilege tax ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
Arizona has a transaction privilege tax (TPT) that differs from a true sales tax in that it is a gross receipts tax, a tax levied on the gross receipts of the vendor and not a liability of the consumer. [60] Vendors are permitted to pass the amount of the tax on to the consumer, but remain the liable parties for the tax to the state. [61]
Transaction privilege tax, in Arizona, US; Twin Cities Public Television, Minneapolis–St. Paul, Minnesota, US; Tara Palmer-Tomkinson (1971–2017), English television personality; Tramway de Pithiviers à Toury, a French railway; Totul pentru tara, a Romanian fascist party 1935-1940; Two-part tariff for a product; The Powder Toy, falling sand ...
Gallup reported the percentage of population uninsured throughout 2016 in states that expanded and did not expand Medicaid. For comparison, we added 2013 percentages for each state.