Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 43. Taxation of Income |
Chapter 11. CORPORATIONS |
Article 4. Uniform Division of Income for Tax Purposes Act |
Sec 43-1142. Average value of property
Latest version.
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The average value of property shall be determined by averaging the values at the beginning and ending of the tax period, but the department may require the averaging of monthly values during the tax period if reasonably required to reflect properly the average value of the taxpayer's property.