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Peoria Tax Information

Tax environment | Sales Tax | Payroll Tax
Property Taxes | Tax Classes

Tax Environment
The tax environment in Arizona is considered to be moderate due to:

No corporate franchise tax

Business inventories are exempt from property tax

Arizona imposes no worldwide unitary tax

Exempts machinery and equipment used directly in manufacturing, processing, fabricating, job printing, refining or metallurgical operations from both transaction privilege and use tax

Exempts machinery or equipment used in research and development from transaction privilege and use tax

Exempts chemicals used directly as part of an integrated system in manufacturing, mining, research and development, and certain other activities from transaction privilege and use tax

Provides for a 10% income tax credit on purchase price of real and personal property used to control or prevent pollution

Levies no state income tax on dividends from controlled subsidiaries in other states
Source: Arizona Department of Commerce

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Sales Tax

Arizona state sales tax is 5.6 percent. Each county levies an additional percentage; Maricopa County's is .7 percent. In addition, each city has its own sales tax; Peoria's is 1.8 percent for a total of 8.1 percent.

Payroll Tax

Payroll taxes are computed based on employers and employees federal filing. Withholding for state payroll taxes is generally between 10 and 37 percent of federal withholding based on employees' income. Firms are also required to pay both unemployment and workmen's compensation insurance.

Property Taxes

For individual information on residential and commercial property taxes please contact the Maricopa County Treasurer's Office (602-506-8511) or click on this link www.maricopa.gov/assessor

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Business Class Tax Codes

Business
Class Codes Taxable Activities State & County Rate Accounting Credit Rate (State Only)

002 Mining - Non Metal 3.562% 0.031%

004 Utilities 6.30% 0.056%

005 Communications 6.30% 0.056%

006 Transporting 6.30% 0.056%

007-008 Private Car - Pipeline 6.30% 0.056%

009 Publication 6.30% 0.056%

010 Job Printing 6.30% 0.056%

011 Restaurants & Bars 6.30% 0.056%

012 Amusement 6.30% 0.056%

013 Commercial Lease 0.5% 0.0%

014 Personal Property Rental 6.30% 0.056%

015 Contracting - Prime (a) 6.30% 0.056%

017 Retail 6.30% 0.056%

019 Severance - Metalliferous Mining 2.50% 0.025%

021 Severance - Timbering Ponderosa (b) $2.13 $.0213

022 Severance - Timbering Other (c) $1.51 $.0151

023 Recreational Vehicle Surcharge (h) $0 N/A

025 Transient Lodging (d) 7.27% 0.055%

026 Use Tax Utilities 5.60% N/A

028 Rental Occupancy Tax 3.00% N/A

029 Use Tax Purchase 5.60% N/A

030 Use Tax from Inventory 5.60% N/A

033 Telecommunication Devices 1.10% N/A

036 911 Wireless Telecommunications (i) .37
(37 cents) N/A

037 Contracting - Owner Builder 6.30% 0.056%

041 Municipal Water (e) - Region Code SWD .65 N/A

047 Membership Camping 5.80% 0.056%

049 Jet Fuel Tax (f) 3.355 N/A

051 Jet Fuel Use Tax (f) 3.05 N/A

053/055 Rental Car Surcharge (g)(j) $2.50 N/A

056 Jet Fuel Tax> 10 Mil Gallons (f) $3.05 N/A

129 Use Tax Direct Payments (l) 5.60% N/A

131 911 Wireline Telecommunications (k) .37
(37 cents) N/A

153 Rental Car Surcharge - Stadium (j) 3.25% N/A

Source: Arizona Department of Revenue

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