Corporate Tax Credits

​Dollar-for-Dollar Corporate Tax Credit Program  (A.R.S. 43-1183 and A.R.S. 43-1184)

Thank you for your interest in helping low income and disabled children in the State of Arizona.  Even if you cannot participate this year, we would appreciate your help by passing this on to someone who can help. Corporate tax credit donations benefit students of families that fall under the national free and reduced lunch program limits.

Have you considered taking advantage of the Arizona Corporate Tax Credit Program?  You get a larger tax credit vs the individual tax credit. On the first work day of July, the Arizona Department of Revenue opens the Corporate Tax Credit Program "window" for pre-approval. The CCSTO Pre-approval form is available by contacting CCSTO - Mary at 520-456-4961.

In 2006 the Arizona legislature created the Corporate Tax Credit Program. This tax credit is available only to Corporate taxpayers, exempt organizations with unrelated business income, Corporate Partners of a partnership (if passed through by the partnership), individual shareholders of an S Corporation (if passed through to their shareholders) AND Insurance Companies (if they have a premium tax liability).

This credit allows these corporations to donate up to their ENTIRE tax liability to an School Tuition Organization, like CCSTO, for a dollar-for-dollar tax credit. The minimum donation is an aggregate $5,000 (Low Income and/or Disabled/Displaced combined). Although you cannot recommend any students, you CAN designate a school. We will work with the school and make sure your donation helps the students who really need the help. The need is always there.

The Corporate Tax Credit process is simple!

1.  Complete the Corporate Tax Credit Pre-Approval and return to CCSTO. All applications must be received by CCSTO
     no later than June 28th each year.

2.  CCSTO will send the application to the Arizona Department of Revenue (ADOR) during the 1st week of July.

3.  ADOR confirms the corporation's tax standing and verifies that the state cap has not been reached.

4.  ADOR responds to CCSTO within 20 days of request.

5.  CCSTO will notify the corporate donor or insurance company of their standing the SAME day CCSTO is notified.

6.  The corporate donor or insurance company has 20 days to make their donation (payable to CCSTO).
     If they miss the 20 day deadline, their application expires and they will be required to reapply.

7.  CCSTO notifies ADOR when the donations have been received. 

That's it!  It's simple. Helping kids is easy. Everyone wins!

I am your Corporate Program Coordinator.  I would be happy to answer any questions you may have.

 You can also get information from the ADOR website:  

              Program Guidelines available at www.azdor.gov:  Click on the "Tax Credits" link on left side of home page.

Sincerely, 

Mary Subia
Corporate Program Coordinator
520-456-4961

Arizona Revised Statute - A.R.S. §43-1603(C):

• • A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of a donor's recommendation.

  • A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependents.