Record taxable revenue for Arizona

taxable-nontaxable-incomeBy Eric Jay Toll | Phoenix Business Journal

Arizona taxable sales topped $100 billion for the first time in 2015, according to new data from the Arizona Department of Revenue.

Taxable sales climbed 8 percent year over year as they closed in on $102 billion for 2015.

Taxable sales, garnered from the state’s transaction privilege tax filings, show huge gains in accommodations, up 67.5 percent while professional management and administration activities climbed 27.6 percent. Information, financial, insurance and real estate also were up 25.6 percent over 2014.

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