Solarcity Corp. v. Ariz. Dep't of Revenue

JUSTICE TIMMER, opinion of the Court:

¶ 1 With exceptions, all property in Arizona is "subject to taxation to be ascertained as provided by law." Ariz. Const. art. 9, § 2 (13); A.R.S. § 42-11002. 1 Property is valued for tax purposes either "centrally" by the Arizona Department of Revenue ("ADOR") or "locally" by county assessors. See A.R.S. §§ 42-13002 to -13501; 42-14001 to -14503. Valuation is based on the "full cash value" of the property as directed by statute. Id . § 42- 11001(6). Unless a statute prescribes otherwise, full cash value corresponds to market value, determined by applying…