A.R.S. § 43-1136: Capital Gains Tax Treatment
Capital gains and losses
Does Arizona tax capital gains?
In Arizona, capital gains and losses from selling real property located in the state are allocated to Arizona. Gains and losses from selling tangible personal property are allocated to Arizona if the property was in Arizona when sold, or if the seller's commercial domicile is in Arizona and the seller is not taxable in the state where the property was located. Gains and losses from selling intangible personal property are allocated to Arizona if the seller's commercial domicile is in Arizona.
Full statute text
Official text last checked against azleg.gov:
43-1136. Capital gains and losses
A. Capital gains and losses from sales of real property located in this state are allocable to this state.
B. Capital gains and losses from the sales of tangible personal property are allocable to this state if either:
1. The property had a situs in this state at the time of the sale.
2. The taxpayer's commercial domicile is in this state and the taxpayer is not taxable in the state in which the property had a situs.
C. Capital gains and losses from sales of intangible personal property are allocable to this state if the taxpayer's commercial domicile is in this state.
Drafted by AI from the official text and checked sentence by sentence against azleg.gov. ClearStatute is run by David Bartlett, who is not an attorney. Legal information, not legal advice — consult a licensed attorney for your situation.