For further information: 928-759-3015
The transaction privilege tax rate for Prescott Valley is 2.33%. For most business classifications, the combined rate for the State of Arizona and Yavapai County is 7.35%. Therefore, the total tax rate within the legal town limits for businesses is 9.68%.
The transaction privilege tax (TPT) is commonly referred to as a sales tax. It is, however, the tax on the privilege of doing business in Arizona and is not a true sales tax. The seller is liable for the tax but may pass the burden of the tax on to the purchaser. For complete details, refer to the Arizona Revised Statutes at ARS , the Arizona Department of Revenue at ADOR or the Model City Tax Code at MCTC. The Town of Prescott Valley is a Program City and, as such, the Arizona Department of Revenue collects our Transaction Privilege (sales) Tax on our behalf.
If you are in the business of selling tangible personal property (“items”) to someone else who plans to use the items and not rent or resell them, you owe retail sales tax. You owe the tax whether or not the tax was added to the price of the items sold.
Municipal Tax Code
View the 2009 Municipal Tax Code.
Contractors and Construction Tax
For specifics concerning taxable activities of contractors and construction, please see our Transaction Privilege Tax for Contractors and Construction page.
FAQs
For other frequently asked questions, please see the FAQs page.
Workshops
A listing of free Seminars and Workshops for new and existing TPT taxpayers.
Additional information
Get all the contacts availble for TPT on the Contacts page.