Taxes

Sales Tax	Corporate Income Tax	Unemployment (% of payroll)	Taxable Wage Base	Workers Comp. (per $100 payroll)	Inventory
8.05%	6.98%	0.8%	$7,000	$1.49	No

Aggressive Accelerated Depreciation Schedules
Virtually All Services Exempt from Sales Tax
100% of NOL may be carried forward for five subsequent years
No Corporate Franchise Tax
No Business Inventory Tax
No Income tax on divides from out-of-state subsidiaries
No Worldwide Unitary Tax

Personal Taxes

Sales Tax	Effective Real Property Tax Rate	Personal Income Tax Rate
8.05%	see chart below	2.88% to 5%

2006 Sales Tax Breakdown

Mesa: 1.75%

County: 0.7%

State: 5.6%

Total 8.05%

2006 Property Tax Breakdown

Mesa School District	$9.17
Maricopa School District	$3.80	Rates are per $100 assessed valuation. The assessed valuation for commercial property development is 25% of the actual value determined by Maricopa County and 10% for residential. The rate is then multiplied by the assessed value to determine the tax.
Higley School District	$8.78
Queen Creek District	$12.84
Gilbert School District	$9.62
Tempe School District	$9.41

Example: Commercial property within the Mesa Public School district with a full cash value of $100,000: $100,000 x .25 x $9.17/100=$2,292.50
Source: Arizona Tax Research Foundation, 2006

Disclaimer: The amounts listed here are approximate values. To determine the exact amount, assessed valuation figures can be obtained from the Maricopa County Assessor's Office.