Arizona Court of Appeals Division One Holds That Workers’ Compensation Insurance Carriers Do Not Have to Pay Taxes on the Difference Between a Full Premium and the Reduced Premium Charged for a Deductible Policy.
Arizona Court of Appeals Division One Holds That Federal Law Does Not Prohibit Arizona from Taxing a Non-Arizona Partnership’s Income Derived from Sales in Arizona When the Taxpayer Reporting the Income Has an Independent Nexus to Arizona.
Arizona Court of Appeals Division One Holds That An Unlicensed Real Estate Broker May Not Recover for Performing Services That Require a Real Estate License, But May Recover in Unjust Enrichment for Non-Broker Services When the Contract Is Not Divisible.
Arizona Court of Appeals Division One Affirms Superior Court’s Correction of a Judgment that Had Already Been Affirmed on Appeal and Holds That the Normal Statutory Interest Rate on a Final Judgment Does Not Apply During the Course of an Appeal Where the Judgment Would be Paid Out of the State Risk Management Revolving Fund.
Arizona Court of Appeals Division One Holds That Under A.R.S. § 33-422 a Buyer May Rescind a Land Purchase Contract If the Seller Has Not Made the Required Disclosures, Subject to the Affirmative Defenses of Waiver, Estoppel, and Laches.
Arizona Court of Appeals Division One Holds That, When Apportioning Arizona Income, the Denominator of the Sales Factor Should Include Only the Net Gains from the Sales of Mortgages and Mortgage Servicing Rights.