Arizona Revised Statutes Title 43. Taxation of Income § 43-1231. Taxation of unrelated business income

Any organization, trust or church or a convention or association of churches that is exempt, except as provided in this section, from taxation under this title by reason of § 43-1201 is subject to the tax imposed under § 43-1111 on its unrelated business taxable income as defined in section 512 of the internal revenue code.  1