A.R.S. § 44-301 et seq. · Arizona Dept. of Revenue — Unclaimed Property Unit

Arizona Tier 3 Ongoing Relationship Deferral & Gift Card Exemption

Arizona combines a full gift card exemption with a Tier 3 B2B deferral rule that pauses dormancy only while active trading continues.

Deadline: November 1 Cutoff: June 30 Tier 3 — Active Relationship Deferral Zero Report: Not Required

Arizona Statutory Dormancy & Compliance Schedule

NAUPA Property Stream	Statutory Dormancy	Compliance Rule
Uncashed AP Vendor Checks (CK13)	3 yrs	Arizona defers the dormancy clock on B2B property only while an ongoing commercial relationship exists; once vendor/customer activity stops, the 3-year clock starts running.
Payroll, Wages & Commissions (MS01)	1 yr	Never B2B exempt; applies to employee final & bonus checks.
AR Credit Balances & Overpayments (MS09)	3 yrs	Write-offs to income do not extinguish reporting obligation.
Customer Refunds (MS05)	3 yrs	Due diligence window: 60–120 days prior to November 1.
Gift Cards & Stored Value (GC / MS12)	100% Exempt	Unaddressed cards route to corporate domicile under 2nd Priority.
Securities & Dividends (SC01 / SC08)	3 yrs	First-class mail for items >= $50
Virtual Currency / Digital Assets (VC)	3 yrs	Verify liquidation vs. native custodial transfer mandate.

Key Arizona Compliance Traps & Enforcement Risks

Confusing Deferral with Permanent Exemption Once an Arizona B2B vendor or customer ceases transacting with your business, the 3-year dormancy clock resumes on any uncashed check or credit memo.

Arizona DOR Voluntary Disclosure Program

Proactive disclosure through Arizona DOR waiving late penalties on historical items.

Statutory Interest & Penalties: Statutory interest + DOR audit penalties. Negative Report Policy: Not required if zero reportable property exists.

Statutory Questions & Answers

Are B2B credits permanently exempt in Arizona?

No. Dormancy is deferred only during an active commercial relationship; once inactive, items become reportable after 3 years.