20-1098.17. Effect of fees payment; premium tax A. The fees paid by a captive insurer pursuant to section 20-167, subsection F are payment in full and in lieu of all other demands for all state, county, district, municipal and school taxes, licenses and excises of whatever kind or character, except for: 1. A tax on real and tangible personal property that is located within this state. 2. The transaction privilege tax and the use tax that is imposed pursuant to title 42, chapter 5, articles 1 and 4. 3. The transaction privilege tax and use tax that is imposed by any county, city or town. B. Notwithstanding subsection A of this section, an agency captive insurer that insures risks on policies as specified in section 20-1098.01, subsection A, paragraph 3, subdivision (b) shall pay the premium tax prescribed in section 20-224 for such policies that is in excess of any fees paid pursuant to section 20-167.
Arizona Legal Code