TPT License Renewal: The Arizona Department of Revenue is advising businesses to renew their transaction privilege tax (TPT) licenses, which are due January 1, 2023, and penalties will be assessed for all renewals after January 31.
Customer Notice: To schedule an appointment, please contact us at [email protected].
The Arizona Unclaimed Property Section is currently matching the reported names and Tax ID numbers of possible unclaimed property owners with various databases in an attempt to locate an accurate address and return funds being held to the owner. When the Arizona Unclaimed Property Section identifies a potential new address for an unclaimed property owner, we mail a cover letter and claim form to the possible owner. This letter is an attempt by the State of Arizona to locate and identify an owner of a reported abandoned asset.
The Unclaimed Property Section is prohibited from providing you with any specific information about the property we are holding until we have received a signed claim form and appropriate identification from you, the claimant. This safeguard is in place to minimize the risk of fraudulent claims and to protect the privacy of unclaimed property owners.
Generally per Arizona law, property such as dormant savings accounts, utility/security deposits, insurance proceeds, unpaid wages, stocks, bonds, customer overpayments, and the contents of safe deposit boxes or the proceeds of their sale are considered abandoned assets or unclaimed property when the holder cannot locate the owner. An abandoned asset must be turned over to the Department of Revenue after the time specified by statute regardless of its value.