Big companies get a tax break on their foreign profits

Income tax; subtraction; foreign dividends

Introduced· 2026-01-20

Who's it for

Who's it for: Big Business

What it means for you

3/10Hurts you

Bad for everyday people ·

Cost shift

Plain‑English summary, cross‑checked against the official bill text.

This bill would let large multinational companies pay less in state taxes by allowing them to ignore certain profits they make overseas.

Our take

What we think, in plain words.

If this bill passes, big companies that do business around the world will get a special discount on their Arizona taxes. The bill changes the rules so that certain profits made in other countries do not count toward the company's state tax bill. When huge corporations pay less in taxes, the state has less money for schools, roads, and other public services. Everyday people end up carrying more of the weight. Now is the time to speak up before this quiet tax break moves forward.

Take action

Add your name. At 100 signatures we compile this petition and deliver it to the office — and every signer gets a message to send their own representatives.

0 of 100 in‑district signatures

Step 1 · Pick your position

Step 2 · Add your name

Picking a side above doesn't sign anything yet — a free account records your name on the petition and keeps it one signature per person. We'll bring you straight back here with your choice saved.

The facts

What the bill actually says, no spin.

Allows corporations to subtract certain foreign profits from their state taxes.
Includes specific types of overseas income that usually get taxed.
Lowers the total amount of taxes that multinational companies have to pay to the state.