1. Resale of Goods: If you’re a retailer that buys products to resell, you can apply for a sales tax exemption on those products. However, you’ll have to give the vendor a resale certificate.
2. Non-Profit Organizations: Arizona-registered nonprofit organizations may be excluded from paying sales tax on some transactions. However, not all non-profit organizations are covered by this exemption.
4. Medical Equipment: In Arizona, purchases of medical equipment that have been prescribed by a qualified healthcare professional are exempt from sales tax.
Transaction Privilege Tax, or TPT as it is known in Arizona, is the state’s equivalent of sales tax. Businesses that engage in particular commercial activities, such selling tangible items or offering taxable services, are subject to the TPT tax. Businesses can inform the ADOR of their TPT responsibility through the TPT filing method. Depending on their gross sales, businesses must submit TPT returns on a monthly, quarterly, or annual basis. Arizona business license
Before conducting business in Arizona, organizations must have a business license. Depending on the sort of business and the area, different business licenses have different prices. The cost is typically between $50 and $500, though. Who Is Subject to TPT Tax in Arizona?
Is Botox subject to taxes in Arizona?
Botox is exempt from sales tax in Arizona because it is viewed as a medical treatment. Sales tax might apply, though, if the Botox is being offered as part of a retail transaction, as in a spa or beauty parlor.
The resale of goods, non-profit organizations, governmental entities, and medical equipment are just a few of the things that are excluded from sales tax in Arizona. The cost of a business license varies depending on the type of business and region, and the TPT filing method is used to submit TPT obligation to the ADOR. Businesses are in charge of collecting and sending TPT tax to the ADOR, and when Botox is given as a medical service, it is excluded from sales tax.
With a combined sales tax rate of 7.20%, Apache Junction has the lowest sales tax in the state of Arizona.