Section R15-10-303. Voluntary Participation

A.      For tax periods beginning on or after January 1, 1993, a tax- payer who, during the prior tax year, had a corporate income tax liability or an average quarterly withholding tax liability of less than $100,000 may elect to participate in the EFT Pro- gram by submitting to the Department an electronic funds transfer authorization agreement that complies with R15-10- 304.

B.       For tax periods beginning on or after January 1, 1994, a tax- payer who, during the prior tax year, had a corporate income tax liability or an average quarterly withholding tax liability of less than $50,000 may elect to participate in the EFT Program by submitting to the Department an electronic funds transfer authorization agreement that complies with R15-10-304.

C.      For tax periods beginning on or after January 1, 1997, a tax- payer who, during the prior tax year, had a corporate income tax liability or an average quarterly withholding tax liability of less than $20,000 may elect to participate in the EFT Program by submitting to the Department an electronic funds transfer authorization agreement that complies with by R15-10-304.

D.      For tax periods beginning on or after July 1, 1997, a taxpayer who, under A.R.S. Title 42, Chapters 8, 8.1, 8.2, 8.3, 9.1, and

9.2 had an annual tax liability during the prior calendar year, of less than $1 million dollars may elect to participate in the EFT Program by submitting to the Department an electronic funds transfer authorization agreement that complies with R15-10-304.

E.       For tax periods beginning on and after January 1, 1999, any taxpayer who has a luxury tax liability may elect to participate in the EFT Program by submitting to the Department an elec- tronic funds transfer authorization agreement that complies with R15-10-304.

F.       A taxpayer authorized to participate in the EFT Program shall provide at least 30 days prior written notice to the Department if the taxpayer elects to cease voluntary participation in the EFT Program.

Historical Note

Adopted effective July 30, 1993 (Supp. 93-3). Amended

effective December 17, 1993 (Supp. 93-4). Amended

effective October 4, 1996 (Supp. 96-4). Amended effec-

tive June 15, 1998 (Supp. 98-2).