Arizona Revised Statutes § 43-1315 Liability Of Beneficiaries For Trust Taxes

43-1315. Liability of beneficiaries for trust taxes

If for any reason the taxes imposed on income of a trust are not paid when due and remain unpaid when such income is distributable to the beneficiaries, or if the income is distributable to the beneficiaries before the taxes are due and the taxes are not paid when due, such income shall be taxable to the beneficiaries when distributable to them, except that in the case of nonresident beneficiaries such income shall be taxable only to the extent it is derived from sources within this state.

Section: Previous  43-1217  43-1231  43-1241  43-1242  43-1301  43-1311  43-1314  43-1315  43-1331  43-1332  43-1333  43-1361  43-1362  43-1363  43-1364  Next

Last modified: October 13, 2016