Factoring Agreement General Form Calculator In Phoenix
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FAQ
Are services taxable in Arizona? Arizona has a transaction privilege tax (TPT) that operates similarly to sales and use tax in other states. Some professional services, amusement/entertainment services, and services to tangible personal property are taxable in Arizona.
If you make direct sales to Arizona customers on your own, and you do not have any physical presence in Arizona, you will have to obtain a TPT license if you meet the economic nexus thresholds based on your direct sales into Arizona. For your sales, you will license and report as a remote seller.
Just because the ad says it does NOT mean it's true! An unlicensed entity may be a company or individual. To be a contractor in Arizona, an entity must be licensed.
Contractors engaging in taxable construction projects or activities are required to obtain a TPT license.
If a business is selling a product or engaging in a service subject to TPT, that business will likely need a license from the Arizona Department of Revenue (ADOR) and a TPT, or business/occupational license, from the city or cities in which the business has a base or operation.
Taxable Contracting Activities All contractors are considered to be prime contractors and must have a transaction privilege license. This includes general contractors, subcontractors, and specialty contractors.
The purpose of the Certificate is to document and establish a basis for state and city tax deductions or exemptions. It is to be filled out completely by the purchaser and furnished to the vendor at the time of the sale.
Prime Contractor's Certificate The purpose of this form is to provide a subcontractor with the validation required for tax exemption of a particular project, for a period of time, or until revoked.
Construction contracting (business code 015)
