Apache Junction receives $6.3 million in tax program, state says
The first year of full implementation of the Arizona Department of Revenue’s transaction privilege tax simplification is seeing increased tax-dollar distribution back to participating cities, including Apache Junction, according to a press release.
TPT is a gross receipts tax levied on businesses by the state of Arizona for the privilege of conducting business in the state. For the first six months of 2017, ADOR distributed more than $1.4 billion to 91 cities.
On Jan, 1, 14 municipalities, including Apache Junction, Chandler, Mesa, Scottsdale and Tempe, joined 77 Arizona cities under the state TPT collection program.
