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Arizona Administrative Code (Last Updated: November 17, 2016) |
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Title 15. REVENUE |
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Chapter 2. DEPARTMENT OF REVENUE - INCOME AND WITHHOLDING TAX SECTION |
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SubChapter E. TAX-EXEMPT ORGANIZATIONS ARTICLE 1. ORGANIZATIONS EXEMPT FROM TAX |
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Article 2. DENIAL OF EXEMPT STATUS |
Section R15-2E-201. Denial of Exemption
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A. The Department shall deny exempt status to an organization described in A.R.S. § 43-1201(4), if the organization:
1. Violates the restrictions in A.R.S. § 43-1201(4), or
2. Engages in any of the prohibited transactions listed in
A.R.S. § 43-1213, or
3. Has unreasonable accumulations of income as defined in
A.R.S. § 43-1214 at the end of the taxable year.
B. Subsections (A)(2) and (A)(3) do not apply to organizations listed in A.R.S. § 43-1215.
C. The Department shall send written notification to an organization that is denied exemption under subsection (A). The Department shall send the notification by registered mail to the last known address of the organization.
Historical Note
Recodified at 6 A.A.R. 2308, filed in the Office of the Secretary of State June 2, 2000 (Supp. 00-2). Amended by final rulemaking at 7 A.A.R. 2326, effective May 14, 2001 (Supp. 01-2).