43-1231. Taxation of unrelated business income Any organization, trust or church or a convention or association of churches that is exempt, except as provided in this section, from taxation under this title by reason of section 43-1201 is subject to the tax imposed under section 43-1111 on its unrelated business taxable income as defined in section 512 of the internal revenue code.
Arizona Legal Code
§ 43.1231
Source: https://www.azleg.gov/ars/43/01231.htm· Version 2026