Arizona – Income Tax Rate Reduction for Revenue Earned Through Internet Sales

Salt Report 3554– The Arizona House Ways and Means Committee passed a bill on Jan. 26, 2015 pertaining to the Marketplace Fairness Act. It proposes an income tax reduction for transaction privilege and use taxes on internet sales. The Arizona Department of Revenue shall calculate the tax rate reductions in proportion to the share of gross tax attributable to each of the tax brackets in effect during the most recently completed taxable year.

Further Information:

HB 2061 2.4.15