For Corporations Who Contribute
CORPORATE TUITION TAX CREDIT
In 2006, a Corporate Tuition Tax Credit Law was passed by the Arizona Legislature. 
This includes all "C" Corporations that have Arizona
tax liability and some "S" Corporations if they file an Arizona corporate tax return.
Arizona Revised Statute 43-1183
 Arizona Revised Statute 43-1183
This law allows for corporations to receive a dollar-for-dollar tax credit for donations to charitable organizations that
provide scholarships for children in low-income families (K-12) to attend the private school of their choice.
Senate Bill 1499
Senate Bill 1404
DOR Procedures
New legislation removes the corporate scholarship tax credit sunset and allows it to continue beyond 2011 with an annual 20% increase.
This legislation also expands the current tuition corporate tuition tax credit program by allowing insurers to claim a credit against
their insurance premium tax liability; up to the current $17.28 million (FY 2010) and $20.74 million (FY 2011) cap each year on July 1 until the
credit expires. is no fiscal impact associated with this legislation since the cap for corporate donations remains unchanged.
The insurance premium tax credits will be counted against the same cap.
If you are interested in making a contribution or have questions, please contact us at 623-414-3429!
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