Arizona Revised Statutes § 43-903 Period In Which Income Items To Be Included

43-903. Period in which income items to be included

A. The amount of all items of gross income shall be included in the gross income for the taxable year in which received by the taxpayer unless under the methods of accounting permitted under section 43-901 any such items are to be properly accounted for as of a different period.

B. In the case of the death of a taxpayer, whose taxable income is computed upon the basis of the accrual method of accounting, amounts, except amounts includible in computing a partner's taxable income under section 43-1412, accrued only by reason of the death of the taxpayer shall not be included in computing taxable income for the period in which falls the date of the taxpayer's death.

Section: Previous  43-645  43-721  43-722  43-723  43-724  43-901  43-902  43-903  43-904  43-905  43-921  43-922  43-923  43-931  43-932  Next

Last modified: October 13, 2016