Arizona Corporate Income Tax Arizona has a competitive corporate income tax at 4.9%. Exemptions for manufacturing and other firms include the sale of machinery, equipment and chemicals used directly in manufacturing or processing. Also exempt are professional or personal services.
Arizona Property Taxes
Rates are per $100 of assessed value. The assessed value for commercial property is 18% of the limited property value as determined by the Maricopa County Assessor, and the assessed value for residential property is 10% of the limited property value.