Arizona Electronic Filing Requirement Signed into Law

The Arizona Governor signed into law House Bill 2280 which ultimately requires electronic filing and payment of most business taxes. The Arizona Department of Revenue favors e-filing as simpler, more secure and faster than traditional paper returns. While many taxpayers already file Arizona’s Transaction Privilege Tax (TPT) return electronically, the requirement to e-file for TPT will be phased in over a five-year period. Annual filings of income tax, fiduciary and partnership returns will not begin until tax year 2020.

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Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern tax. As governments and businesses go digital, businesses face increased risks, costs and complexity. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting. Sovos supports 5,000 customers, including half of the Fortune 500, and integrates with a wide variety of business applications. The company has offices throughout North America, Latin America and Europe. Sovos is owned by London-based Hg. For more information visit http://www.sovos.com and follow us on LinkedIn and Twitter.
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