NEW PENALTY FOR FAILURE TO REMIT PAYMENT ELECTRONICALLY
Effective March 1, 2011:
Arizona Revised Statute 42-1129 required a taxpayer to remit payment by Electronic Funds Transfer (EFT). A taxpayer who is required to make payment by EFT but who fails to do so is subject to a penalty of five per cent prescribed by ARS 42-1125.O. For more information, see Requirement to Remit Payment
by EFT under Frequently Asked Questions (FAQS).