Arizona Revised Statutes Title 43. Taxation of Income § 43-1201. Organizations exempt from tax

A. Except as otherwise provided in this chapter, the following organizations are exempt from the taxes imposed under this title:

1. Organizations that are exempt from federal income tax under section 501 of the internal revenue code .  1

2. Insurance companies that pay to this state a tax on premium income derived from sources within this state.

B. Nonprofit medical marijuana dispensaries under title 36, chapter 28.1,  2 are exempt from the taxes imposed under this title.

1 Internal Revenue Code sections may be found in Title 26 of U.S.C.A.
2 Section 36-2801 et seq.

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