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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.
A "mirror" tax is a tax in a U.S. dependency in which the dependency adopts wholesale the U.S. federal income tax code, revising it by substituting the dependency's name for "United States" everywhere, and vice versa. The effect is that residents pay the equivalent of the federal income tax to the dependency, rather than to the U.S. government.
The IRS offers specific tax credits to married couples filing jointly to encourage more people to do the same. Some of these tax credits include: American Opportunity Tax credit
A joint audit is an audit on a legal entity (the auditee) by two or more auditors to produce a single audit report, thereby sharing responsibility for the audit. A typical joint audit has audit planning performed jointly and fieldwork allocated to the auditors. The auditors are typically not individuals, but auditing firms.
The Arizona Legislature passed several new laws in 2023. They are going into effect on Oct. 30 and could impact you and your family. ... Those who claimed the dependent child tax credit on their ...
McClanahan v. Arizona State Tax Comm'n, 411 U.S. 164 (1973), was a case in which the Supreme Court of the United States holding that Arizona has no jurisdiction to impose a tax on the income of Navajo Indians residing on the Navajo Reservation if their income is wholly derived from reservation sources.
In Arizona, a joint technological education district (JTED) is a school district that offers high school career and technical education programs to partner school districts. The concept was created in 1990, [ 1 ] and there are 13 such districts in Arizona.
The Pima County Joint Technical Education District is a joint technological education district mostly serving schools in Pima County, Arizona, though its membership also includes one school district in Pinal County and one in Santa Cruz County.
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