Arizona § 42-14308 - Assessment, levy and collection of tax
Full text of Arizona Arizona Revised Statutes § 42-14308 — Assessment, levy and collection of tax, with citation guidance and answers to common questions.
§ 42-14308. Assessment, levy and collection of tax
A. The department shall annually:
1. Enter in its records the full cash value of each private car company in this state as determined under this article.
2. Assess the property as provided by sections 42-12005 and 42-15005.
3. Levy a tax against the values so determined and assessed at a rate that equals the sum of the average rates for primary and secondary property taxes in the taxing jurisdictions in this state for the current year.
4. Collect the taxes that are:
(a) Due and payable on the following October 1.
(b) Delinquent after the following November 1.
5. Deposit, pursuant to sections 35-146 and 35-147, the tax revenues in the state general fund.
B. The tax imposed by this section is in lieu of all other taxes on the property and business of private car companies in this state except for the annual license tax and registration fee.
C. Delinquent taxes bear interest at the rate determined pursuant to section 42-1123 for each subsequent month in which the tax remains unpaid.
D. The full cash values that are used for tax purposes pursuant to subsection A of this section are a matter of public record and are not confidential information under chapter 2, article 1 of this title.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 42-14308
What does Arizona Revised Statutes § 42-14308 cover?
Section 42-14308 ("Assessment, levy and collection of tax") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 42-14308?
A common citation format is "Arizona Revised Statutes § 42-14308" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 42-14308 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.