Excise Link Lease For Free

The Government Property Lease Excise Tax (GPLET) is a tax incentive agreement negotiated between a private party and a local government. It was established by the State of Arizona in 1996 as a way to stimulate development in commercial districts by temporarily replacing a building's property tax with an excise tax.

Taxpayers with a Federal AGI of $25,000 or less (MFJ/HOH) or $12,500 (S/MFS) are eligible to receive a refundable credit of $25 for each person included in the return, up to a maximum of $100. The Taxpayer must have a valid SSN.

2. $12,500 or less for a single person or a married person filing separately. A person who is sentenced for at least sixty (60) days of the taxable year is not eligible to claim this credit.

For adult use (recreational) marijuana, there is a transaction privilege tax (TPT) rate and an excise tax (16%) on the retail sales.

General fund excise taxes are imposed on many goods and services, the most prominent of which are alcohol, tobacco, and health insurance. Other general fund excise taxes include taxes on local telephone service, vehicles with low-mileage ratings (?gas guzzlers?), ozone-depleting chemicals, and indoor tanning services.

Arizona Excise Tax The county excise tax is typically added to the state sales tax, which is 6.6 percent as of August 2011. For example, Maricopa County adds a 0.5 percent transportation excise tax and a 0.2 percent jail-facilities excise tax to the state sales tax.

BASIC CONCEPT: Excise Tax is a tax on the production, sale or consumption of a commodity in a country.