Arizona § 43-1241 - Returns of unrelated business income
Full text of Arizona Arizona Revised Statutes § 43-1241 — Returns of unrelated business income, with citation guidance and answers to common questions.
§ 43-1241. Returns of unrelated business income
Every organization, otherwise exempt under section 43-1201 but having unrelated business taxable income, shall:
1. File a return, verified by an executive officer under penalties of perjury in the form prescribed by the department on or before the fifteenth day of the fifth month after the close of the taxable year, reporting its income from such activities.
2. Pay a tax at the rates prescribed in section 43-1111 on its unrelated business taxable income as defined in section 43-1231.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 43-1241
What does Arizona Revised Statutes § 43-1241 cover?
Section 43-1241 ("Returns of unrelated business income") 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 § 43-1241?
A common citation format is "Arizona Revised Statutes § 43-1241" (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 § 43-1241 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.