Arizona Court of Appeals Division One Holds That A.R.S. ยง 42-5028 Does Not Extend Personal Liability For Unpaid Corporate Transaction Privilege Taxes to Those Corporate Officers Or Directors Whose Corporate Duties Include Remitting Such Taxes to ADOR.
Arizona Court of Appeals Division Two Holds That An Estate Should Be Valued, For Abatement Purposes, Not As a Fixed Amount At Date of Death, But As Finally Distributed From The Estate.
Arizona Court of Appeals Division One Vacates Opinion Regarding Director Liability on Theories of Principal-Agency Liability for Fraud, Aiding and Abetting, Conspiracy, and Constructive Fraud Should Not Have Been Presented.