42-19103. Proration of tax on property that is leased or rented from inventory The taxes that are levied on personal property that is periodically leased or rented from the inventory of retailers or wholesalers assessed pursuant to section 42-19005 shall be prorated by three hundred sixty-fifths to be determined by the number of days the property is leased or rented.
Arizona Legal Code
§ 42.19103
Source: https://www.azleg.gov/ars/42/19103.htm· Version 2026