Ariz. Admin. Code § 15-5-1608
Current through Register Vol. 30, No. 50, December 13, 2024
Income from the rental of storage facilities is taxable, provided the lessee retains the right of direct access to the stored goods. Conversely, the storage of property by a warehouse, when the warehouse proprietor maintains full control over the specific location of the stored goods within the building, is not taxable. Such storage is deemed to be a service rather than rental of real property.
Ariz. Admin. Code § R15-5-1608