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2012 Arizona Tax Update:

2012 Arizona Tax Update:-2025

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The document provides an update on Arizona tax legislation, focusing on significant changes and propositions related to sales and property taxes. It discusses the rejection of Proposition 204, which aimed to make a temporary sales tax increase permanent, and outlines various bills affecting sales tax regulations, including technical corrections and exemptions for solar energy. Additionally, it covers property tax amendments such as Proposition 117, which caps annual increases in property valuations, and other legislative changes impacting agricultural property and small claims procedures. The document also highlights key court rulings relevant to tax assessments.

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What was the tax rate in 2012?

Federal Income Tax Rates: Filing Status and Income Tax Rates 2012* Tax Rate Married Filing Jointly or Qualified Widow(er) Married Filing Separately 10% $0 - 17,400 $0 - 8,700 15% $17,400 - 70,700 $8,700 - 35,350 25% $70,700 - 142,700 $35,350 - 71,3504 more rows

At what age do you stop paying property tax in AZ?

Qualifications. Age: At least one property owner must be the minimum qualifying age of 65 at the time of application. Residence: The property must be the owner(s) primary residence. A primary residence is that residence which is occupied by the property owner(s) for an aggregate of nine months of the calendar year.