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ARIZONA STATE SENATE
Fifty-Sixth Legislature, First Regular Session
AMENDED
technical correction; collection agencies; licenses
(NOW: department of revenue; administration)
Purpose
Makes various administrative changes relating to the Arizona Department of Revenue (ADOR).
Background
If a taxpayer
fails to file a required tax return or if ADOR is not satisfied with the return
or tax payment, ADOR may examine the return to determine the correct amount of
tax. The examination must occur within the applicable time period and may be
accomplished through a detailed review of transactions or records or by a
statistically valid sampling method (A.R.S.
§ 42-1108).
The county assessor must notify each owner of locally assessed property of the property's full cash value and limited property value, if applicable, for property tax purposes. The Director of ADOR may extend the final date for mailing notices beyond March 1 for a period of up to 30 days for delays caused by an act of God, flood or fire (A.R.S. § 42-15101).
There is no anticipated fiscal impact to the state General Fund associated with this legislation.
Provisions
1. Defines audit as a review or examination of a taxpayer's accounts, financial information, books and records and any other document to ensure information is reported correctly on a tax return and to verify the reported amount of tax is correct.
2. Adds, to the reasons the Director of ADOR may extend the final date for mailing an annual notice of property value, delays caused by a declared state of emergency.
3. Makes technical and conforming changes.
4. Becomes effective on the general effective date.
Amendments Adopted by Committee
· Adopted a strike-everything amendment.
Amendments Adopted by Committee of the Whole
2. Removes the definition of violation for the purposes of tobacco distributor licensee tax returns.
3. Makes technical and conforming changes.
Senate Action
FIN 2/13/23 DPA/SE 4-3-0
Prepared by Senate Research
February 22, 2023
MG/sr