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§ 43-1131 Definitions

AZ Rev Stat § 43-1131 (2019) (N/A)
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43-1131. Definitions

As used in this article, unless the context otherwise requires:

1. " Business income" means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.

2. " Commercial domicile" means the principal place from which the trade or business of the taxpayer is directed or managed.

3. " Compensation" means wages, salaries, commissions and any other form of remuneration paid to employees for personal services.

4. " Nonbusiness income" means all income other than business income.

5. " Sales" means all gross receipts of the taxpayer not allocated under this article.

6. " State" means any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, any territory or possession of the United States and any foreign country or political subdivision thereof.

7. " Taxpayer" means any person subject to the tax imposed by this title.

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§ 43-1132 Taxpayers liable; exceptions to allocation and apportionment; examination of evidence of income and expenses