Arizona HB2016 amends tax penalties for late filing and non-compliance.
Arizona HB2016 amends tax penalties for late filing and non-compliance. It introduces a penalty for taxpayers who fail to file a return on or before the due date, with the penalty being 25% of the tax or $100, whichever is greater. It also imposes a penalty of 1.5% of the tax per month for late payment, up to a maximum of 25%. The bill includes provisions for penalties related to electronic funds transfer failures, false or fraudulent returns, and failure to provide taxpayer identification numbers.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.