Town of Fountain Hills, Arizona

State and Local Taxes

Significant business tax reductions have been adopted since 2005 and are expected to further improve Arizona's competitive tax position:

• A 20% reduction in real property tax assessment ratios is being phased in and will be fully implemented by 2011
• Accelerated depreciation schedule is available for personal property placed in service after 2008
• A "weighted sales factor" corporate income tax formula is being phased in over three years effective January 2007
• New tax credit incentives are now in effect:
  • Investment in early stage companies http://www.azcommerce.com/BusAsst/Incentives
  • Commercial solar equipment http://www.azcommerce.com/BusAsst/Incentives
  • Health insurance premium tax credit http://www.azdor.gov/Refunds%20and%20Credits/healthinsurancechoicesmenu.htm
  • Renewable Energy http://www.azcommerce.com/BusAsst/Incentives/renewable_benefit.htm

Source: http://www.azcommerce.com/doclib/prop/state_economic_profile.pdf

Click on the following for information on each tax category

• Various Tax Information
• Corporate Income Tax
• Property Tax
• Vehicle License Tax
• Unemployment Insurance and Worker’s Compensation

Contact Information

Economic Development Office:

Lori M. Gary, CEcD
Economic Development Administrator
16705 E. Avenue of the Fountains
Fountain Hills, AZ 85268

Tel: (480) 816-5109
Fax: (480) 837-3145

Email: lgary@fh.az.gov