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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.
When you file taxes, you must indicate your tax filing status on Form 1040. The options include single, married filing jointly, married filing separately, head of household or qualifying surviving ...
Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient. In most jurisdictions, tax withholding applies to employment income.
An individual's tax liability depends upon two variables: the individual's filing status and the taxable income. [16] The status can determine the correct amount of tax, whether the taxpayer can take certain tax deductions or exemptions that could lower the final tax bill, and even whether one must file a return at all. [ 17 ]
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The secretary of state of Arizona is an elected position in the U.S. state of Arizona. Since Arizona does not have a lieutenant governor, the secretary stands first in the line of succession to the governorship. [1] The secretary also serves as acting governor whenever the governor is incapacitated or out of state.
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