Our small business online advice columnist. CCH Online Store Books on small business topics. Free E-mail Newsletter Monthly updates on developments affecting small businesses. The following are the major types of income taxes that affect small businesses. Our intent is to give you a general understanding of when the various taxes will apply to you and what they will mean to your business.
Franchise tax is required from most corporations doing business in Arizona.
Income tax on business income computed at 6.968 percent of corporate taxable net income is required after 2000 in Arizona. Personal income tax based on a person's income is a maximum of 5.04 percent of taxable income in Arizona for 2000. All Rights Reserved.