This bill proposes updates to Arizona Revised Statutes, specifically amending section 42-5040 regarding transaction privilege tax (TPT) transactions. The current law states that an order is considered received when all necessary information has been received at a seller's business location, regardless of where the order is accepted. The bill clarifies that the location of servers used to transmit this information does not affect where the order is deemed received. Additionally, it introduces a definition for "business location," specifying it as a physical space where business activities occur.

The bill also makes several technical changes, including the renumbering of existing definitions and the removal of outdated terms. It replaces the previous definition of "business location" with the new definition and ensures that the updated provisions apply to taxable periods starting on or after the first day of the month following the general effective date. Overall, these changes aim to modernize the TPT sourcing rules and provide clearer guidelines for businesses operating in Arizona.

Statutes affected:
Introduced Version: 42-5040
House Engrossed Version: 42-5040