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Transaction privilege tax (TPT) refers to a gross receipts tax levied by the state of Arizona on certain persons for the privilege of conducting business in the state. TPT differs from the "true" sales tax imposed by many other U.S. states as it is imposed upon the seller or lessor rather than the purchaser or lessee.
Awarded "Plate of the Year" for best new license plate of 2011 by the Automobile License Plate Collectors Association, the second time Arizona was so honored. Arizona Diamondbacks: April 4, 2007 DB12345 Redesigned in 2016. Arizona Highways Magazine: early 2009 1AH2345 Arizona Historical Society: June 2007 AH123 Redesigned in 2020. Arizona ...
Learn how to claim a vehicle sales tax deduction and lessen your tax burden. Find out who qualifies and how you can claim and calculate your deduction.
When buying an automobile, if one trades in a car, the state deducts the price of the trade when calculating the sales tax to be paid on the automobile (e.g., purchasing a $40,000 car, and trading a $10,000 car, a person would be taxed on the difference of $30,000 only, not the full amount of the new vehicle).
The Motor Vehicle Division (MVD) is responsible for driver licensing and vehicle registration. It has 1600 employees and an annual operating budget of $72 million. Currently it is headed by ADOT Assistant Director Eric Jorgensen. [1] As of FY 2023, the MVD has 7,969,576 license plates registered with the department. [5]
Proof of financial responsibility: Arizona drivers who do not want to purchase car insurance could choose to prove financial responsibility with a $40,000 deposit, as long as they have a ...