Arizona Revised Statutes Title 42 — Taxation
A.R.S. § 42-14101
Definitions
42-14101 . Definitions In this article, unless the context otherwise requires:
# 1.
"Gas" means: (a) Natural gas, including casinghead gas. (b) All other hydrocarbons that are not defined as oil by this section. (c) Helium and other nonhydrocarbon substances of a gaseous nature.
# 2.
"Geothermal resource" has the same meaning prescribed in section 27-651.
# 3.
"Gross production" means all oil, gas or geothermal resources that are produced and saved except:
# (a)
Any interest of the United States or this state or of any other person or entity that is exempt under the laws of the United States or the constitution or laws of this state in any oil, gas or geothermal resources or in the proceeds of oil, gas or geothermal resources.
# (b)
Oil, gas or geothermal resources that are used in producing operations or for repressuring or recycling purposes to develop and operate the producer's interests in oil, gas or geothermal resource wells in this state.
# 4.
"Gross yield" means the amount for which the gross production is sold in the immediate vicinity of the well or, if not sold on the property, the field or posted price or representative market price at the well of oil, gas or geothermal resources that are transported from the property.
# 5.
"Oil" means crude petroleum oil and other hydrocarbons regardless of gravity that are produced at the well in liquid form by ordinary production methods and that are not the result of condensation of gas after it leaves the reservoir.
# 6.
"Produced", "producing" or "production" means any taking of oil or gas from any land in this state that is under the state's jurisdiction.
# 7.
"Producer" means a person who owns, controls or leases, either as lessor or lessee, or who has any other interest in oil, gas or geothermal resource lands or oil, gas or geothermal resource wells on January 1 of each year if any person produced any oil, gas or geothermal resource in any manner from the lands or wells during the preceding calendar year. Producer includes any person who owns any royalty or other interest in any oil, gas or geothermal resources, or its value, whether produced by that person or by another person on that person's behalf, either by lease, contract or otherwise.
Source: view the official text
In this chapter (40 sections)
- 42-14001 · Properties subject to valuation by the department;…
- 42-14002 · Notice of preliminary valuation; hearing
- 42-14003 · Information considered in determining valuation; notice of…
- 42-14004 · Change of valuation
- 42-14005 · Appeal from valuation determined by department
- 42-14006 · Signatures for documents; alternative methods
- 42-14051 · Annual determination of valuation
- 42-14052 · Annual report for determining valuation; failure to file;…
- 42-14053 · Determining and reporting valuation of producing mines and…
- 42-14054 · Determining and reporting valuation of closed mines
- 42-14101 · Definitions
- 42-14102 · Annual determination of valuation
- 42-14103 · Annual report for determining valuation; violation;…
- 42-14104 · Determining and reporting valuation
- 42-14105 · Basis for valuing producing oil, gas and geothermal resource…
- 42-14106 · Separate listing, assessment and taxation
- 42-14151 · Annual determination of valuation; definition
- 42-14152 · Annual report for determining valuation; failure to file;…
- 42-14153 · Determining and reporting valuation
- 42-14154 · Computing valuation of electric transmission, electric…
- 42-14155 · Valuation of renewable energy and storage equipment;…
- 42-14156 · Computing valuation of electric generation facilities;…
- 42-14157 · Allocation of electric transmission, distribution and…
- 42-14158 · Existing generation facilities; computing adjusted original…
- 42-14159 · Computing valuation of distribution cooperatives; standard…
- 42-14201 · Annual determination of valuation
- 42-14202 · Annual report for determining valuation; failure to file;…
- 42-14203 · Determining and reporting valuation
- 42-14204 · Computing valuation of pipelines; definitions
- 42-14205 · Adjustments to base value to reflect market value
- 42-14251 · Definitions
- 42-14252 · Annual determination of valuation
- 42-14253 · Annual report for purposes of determining valuation; failure…
- 42-14254 · Determination of value
- 42-14255 · Assessment, levy and collection of tax; limitation on small…
- 42-14256 · Administrative review and appeal
- 42-14257 · Debt; lien
- 42-14301 · Definitions
- 42-14302 · Situs and valuation of cars for tax purposes
- 42-14303 · Annual statement