The following information was provided by Karen Daines, Assistant City Manager.
The State of Arizona and its Cities and Towns continue to work together to achieve the goal of simplifying the manner in which taxpayers report and pay their Transaction Privilege Tax (TPT). We want to ensure that there is a smooth transition in reporting and paying all TPT transactions, directly to the State of Arizona. Working toward this end, the Arizona Department of Revenue is requiring all State TPT taxpayers to renew their licenses with the Department and continue to renew their licenses with the appropriate City. Both the State and the Cities are committed to making this transition as easy as possible. We are confident these changes will make it easier for Arizona businesses to report their State, County and City TPT taxes.
The City of Sedona is Returning to the State Collection System Effective January 1, 2016
The City of Sedona is returning to the state collection system effective January 1, 2016. Starting with your January 2016 reporting period due February 2016, you will use the state tax form TPT-1 to file and submit with payment to the Arizona Department of Revenue (ADOR).
For TPT reporting periods prior to January 2016 use the Revenue Discovery Systems (RDS) tax form. This includes the tax return for reporting period December 2015 due in January 2016. Mail the RDS tax return and payment to RDS.
State TPT Annual License Renewal is Due January 1, 2016
Every business licensed with the Arizona Department of Revenue is required to renew their Arizona Transaction Privilege Tax (TPT) license. The license for both the State and the program Cities is valid for one calendar year and must be renewed by January 1st every year. If you receive an Arizona TPT Renewal form, please follow the instructions for completing and mailing of the form. There is no fee for renewal of your State TPT or City of Sedona TPT license. If you are currently licensed and you do not receive a TPT renewal form by December 31, 2015, or if you require assistance with your renewal form please call the TPT Simplification Hotline at (602) 542-5027.
If you are not currently licensed with Arizona, you will need to complete an Arizona Joint Tax Application Form JT-1 to apply for a TPT license before engaging in business. The fee for a new TPT license or for locations not currently licensed with Arizona is $12.00 for each location plus any applicable city license fees.
Transaction Privilege Tax Changes and Forms
Effective January 1, 2015, there were changes to TPT Legislation affecting prime contracting, residential rental, filing frequency, due dates, audits, business codes and deduction codes. This information is available at www.azdor.gov/TPTSimplification.aspx. Application and reporting forms and instructions are available at www.azdor.gov/Forms/TransactionPrivilegeTax.aspx. Or, you may call the TPT Simplification Hotline at (602) 542-5027.