Pinal County has requested the Arizona Department of Revenue collect a transportation excise tax beginning with the reporting period starting April 1, 2018. The new tax will effect a rate change as follows:
|Class Code||Description||Old Rate||New Rate (beginning 4/1/2018)|
|002||Non metal Mining||3.805%||4.117%|
|011||Restaurant & Bar||6.7%||7.2%|
|014||Rentals of Personal Property||6.7%||7.2%|
|017||Retail (see note below)||6.7%||7.2%|
|025||Transient Lodging (Hotel/Motel)||6.698%||7.248%|
|049||Jet Fuel Excise Tax||3.66¢||3.965¢|
For Prime Contractors: Any increase in the rate of tax does not apply to contracts entered into or pursuant to written bids made by Prime Contractors on or before November 7, 2017. To qualify for the reduced rate, the prime contractor must maintain documentation to verify the date of the contract or written bid. Gross income received from Pre-existing Prime Contracts will be reported under Class 107.
For Retailers: Effective April 1, 2018 FOR PINAL COUNTY ONLY, any retail single item portion over $10,000 shall be taxed at 6.7% using business code 367.
Tuesday, April 3, 2018