Instructions for Form TPT-EZ, ADOR11263 Transaction Privilege, Use, and Severance Tax Return - Arizona

Form ADOR11263 Transaction Privilege, Use, and Severance Tax Return - (Tpt-Ez) - Arizona

This document contains official instructions for Form TPT-EZ , and Form ADOR11263 . Both forms are released and collected by the Arizona Department of Revenue. An up-to-date fillable Form ADOR11263 is available for download through this link.

FAQ

Q: What is Form TPT-EZ?
A: Form TPT-EZ is the Transaction Privilege, Use, and Severance Tax Return for the state of Arizona.

Q: Who needs to file Form TPT-EZ?
A: Any business that is engaged in taxable activities in Arizona must file Form TPT-EZ.

Q: What is transaction privilege tax?
A: Transaction privilege tax is a tax imposed on the privilege of doing business in Arizona.

Q: What is use tax?
A: Use tax is a tax on the use, consumption, or storage of tangible personal property or taxable services.

Q: What is severance tax?
A: Severance tax is a tax on the extraction of natural resources, such as minerals or oil, from the ground.

Q: Do I need to pay transaction privilege tax if my business is located outside of Arizona?
A: No, only businesses that are engaged in taxable activities in Arizona need to pay transaction privilege tax.

Q: How often do I need to file Form TPT-EZ?
A: Form TPT-EZ must be filed on a monthly, quarterly, or annual basis, depending on the amount of tax liability.

Q: What are the penalties for not filing Form TPT-EZ?
A: Penalties for not filing Form TPT-EZ include late filing penalties, interest on unpaid tax, and potential legal action.