This bill proposes updates to section 42-5018 of the Arizona Revised Statutes concerning the remittance of transaction privilege and affiliated excise taxes. Under the current law, all tax remittances can be made through various methods, including bank drafts and electronic funds transfers, but it states that no remittance other than cash is considered a final discharge of tax liability until paid in cash to the department.

The proposed changes would clarify that while remittances must still be made through the previously mentioned methods, a remittance other than cash is explicitly stated as not being a final discharge of tax liability until the payment is made in cash. This emphasizes the requirement for cash payments to fully settle tax obligations, thereby reinforcing the existing law while making the language more precise.

Statutes affected:
Introduced Version: 42-5018