Arizona Revised Statutes Title 42 — Taxation
A.R.S. § 42-11128
Exemption for personal property in transit; violation; classification
42-11128 . Exemption for personal property in transit; violation; classification A. The following personal property has no situs in this state and is exempt from taxation:
# 1.
Personal property moving through this state to a final destination outside this state.
# 2.
Personal property consigned to a warehouse in this state from a point outside this state for storage or assembly in transit to a final destination outside this state. B. Property that is claimed to have no situs in this state for the purposes of taxation shall be entered in the records of the warehouse in which it is located as property in transit or futures contract property. The record shall include: 1. The date of receipt. 2. The date of withdrawal.
# 3.
The point of origin.
# 4.
The point of ultimate destination, if known. C. The record of property shall be open at all times to inspection by the department or the taxing authority of a political subdivision of this state. D. A person who files a claim for exemption of property in transit shall do so on a form and in the manner the department prescribes and shall include a certificate of the operator of the warehouse in which the property is located stating that the property is entered in the warehouse records as property in transit. E. The owner or operator of a warehouse in or from which commodities that are exempt under section 42-11122 are deliverable shall file an affidavit with the county assessor between the first Monday in January and March 1 of each year stating that the property in the warehouse is futures contract property. The assessor may require additional evidence of the facts stated by the affidavit, but when the assessor accepts the affidavit as complete and correct, the commodities that are stored or consigned in the warehouse are considered to be exempt from taxation for the tax year under section 42-11122. F. A person who knowingly makes a false statement in any document submitted under this section to an officer who is charged with assessing property for tax purposes is guilty of a class 6 felony.
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In this chapter (40 sections)
- 42-11101 · Definitions
- 42-11102 · Exemption for government property; application of procedural…
- 42-11103 · Exemption for government bonded indebtedness; application of…
- 42-11104 · Exemption for educational and library property
- 42-11105 · Exemption for health care property
- 42-11106 · Exemption for apartments for elderly residents or residents…
- 42-11107 · Exemption for institutions for relief of indigent or…
- 42-11108 · Exemption for grounds and buildings owned by agricultural…
- 42-11109 · Exemption for religious property; affidavit
- 42-11110 · Exemption for cemeteries
- 42-11111 · Exemption for property; widows and widowers; persons with a…
- 42-11112 · Exemption for observatories
- 42-11113 · Exemption for land and buildings owned by animal control and…
- 42-11114 · Exemption for property held for conveyance as parkland;…
- 42-11115 · Exemption for property held to preserve or protect…
- 42-11116 · Exemption for property of arts and science organizations
- 42-11117 · Exemption for property of volunteer fire departments
- 42-11118 · Exemption for social welfare and quasi-governmental service…
- 42-11119 · Exemption for property of volunteer roadway cleanup and…
- 42-11120 · Exemption for property of veterans' organizations
- 42-11121 · Exemption for property of charitable community service…
- 42-11122 · Exemption for trading commodities
- 42-11123 · Exemption for animal and poultry feed
- 42-11124 · Exemption for possessory interests for educational or…
- 42-11125 · Exemption for inventory, materials and products
- 42-11126 · Exemption for production livestock and animals; definition
- 42-11127 · Exempt personal property
- 42-11128 · Exemption for personal property in transit; violation;…
- 42-11129 · Exemption for property of fraternal societies
- 42-11130 · Exemption for public library organizations
- 42-11131 · Exemption for low-income Indian housing; definitions
- 42-11132 · Property leased to educational institutions
- 42-11132.1 · Property leased to a church, religious assembly or…
- 42-11132.2 · Property leased to veterans' organization; definition
- 42-11133 · Exemption for affordable housing projects; definition
- 42-11151 · Procedure, affidavits and forms
- 42-11152 · Affidavit; electronic submission; acknowledgment of receipt;…
- 42-11153 · Deadline for filing affidavit
- 42-11154 · Establishing nonprofit status
- 42-11155 · Property owned by charitable institutions but used for other…