Bill Amendment: AZ SB1481 | 2019 | Fifty-fourth Legislature 1st Regular
Bill Title: Filing deadlines; taxable year 2018
Status: 2019-03-21 - House Committee of the Whole action: Do Pass [SB1481 Detail]
Download: Arizona-2019-SB1481-SENATE_-_Finance.html
Fifty-fourth Legislature Finance
First Regular Session S.B. 1481
PROPOSED
SENATE AMENDMENTS TO S.B. 1481
(Reference to printed bill)
Page 1, between lines 11 and 12, insert:
"Sec. 2. Times taxes are payable; taxable year 2018; interest
A. Notwithstanding any other law, for taxable year 2018, the tax imposed under title 43, Arizona Revised Statutes, shall be paid as follows:
1. If the return is made on the basis of the calendar year, on or before June 15, 2019.
2. If the return is made on the basis of a fiscal year, on the fifteenth day of the sixth month following the close of the fiscal year, except that:
(a) For an S corporation, the tax imposed shall be paid on the fifteenth day of the fifth month following the close of the taxable year.
(b) For unrelated business taxable income of a tax-exempt organization, the tax imposed shall be paid on the fifteenth day of the seventh month following the close of the taxable year.
B. Notwithstanding any other law, for taxable year 2018, if the tax, whether determined by the department or the taxpayer, or any portion of the tax is not paid on or before the date prescribed for its payment by subsection A of this section, the department of revenue shall collect, as part of the tax, interest on the unpaid amount at the rate determined pursuant to section 42‑1123, Arizona Revised Statutes, from the date prescribed for its payment by subsection A of this section until it is paid."
Renumber to conform
Amend title to conform
