AZ HB2716

Modifies transaction privilege tax (sales tax) filing requirements by authorizing quarterly payment for taxpayers with estimated annual liability between $2,000 and $8,000, and annual payment for those with $2,000 or less (increased from previous thresholds of $500-$1,250 and $500).

Creates new use tax declaration option for businesses with annual gross receipts under $500,000, allowing them to declare use tax annually on their income tax return using department-prescribed tables instead of filing separate monthly returns.

Provides audit protection for businesses that declare use tax amounts based on department tables, prohibiting audits for use tax liability under this provision.

Requires income tax returns to include a statement of use tax liability pursuant to the new use tax declaration procedures.

Updates references in tax code sections to reflect the new use tax declaration provisions.