Arkansas – Candy And Soft Drinks Removed From The Definition Of Food Beginning January 1, 2018

SALT Report 3905 – Similar to multiple other states, Arkansas Act 141 will be removing candy and soft drinks from  the definitions of “Food” and “Food Ingredients” beginning January 1, 2018. The full 6.5% State sales and use tax rate Continue reading Arkansas – Candy And Soft Drinks Removed From The Definition Of Food Beginning January 1, 2018

Arkansas – New Local Sales And Use Tax Rates Announced

SALT Report 3513 – The Arkansas Department of Finance and Administration has announced new sales and use tax rates to be effective January 1, 2015. Farmington – Decreasing to 2% Gassville – Decreasing to 1% Harrison – Increasing to 1.25% Continue reading Arkansas – New Local Sales And Use Tax Rates Announced

Arkansas – Grain Dryer Tax Exemption

SALT Report 3405 – As of July 1, 2014, any farmer who participates in on-farm grain storage or drying can apply for a sales tax exemption for certain utilities. These utilities include: electricity, liquefied petroleum gas and natural gas. However, Continue reading Arkansas – Grain Dryer Tax Exemption

Arkansas—Sales Tax Holiday, August 2, 2014 through August 3, 2014

SALT Report 3396 – Arkansas Sales Tax Holiday will be held Saturday, August 2, through Sunday, August 3, 2014.  During this period, retailers are not required to collect state and local sales or use tax on the following items: Clothing Continue reading Arkansas—Sales Tax Holiday, August 2, 2014 through August 3, 2014

Arkansas – Special Event Promoter’s Tax Responsibilities

SALT Report 3007 – The Arkansas Department of Finance and Administration issued a notice for promoters and organizers of special events to remind them that they are required to register with the Department to collect and remit state and local Continue reading Arkansas – Special Event Promoter’s Tax Responsibilities

Arkansas – Farm Utility Exemption

SALT Report 2992 – The Arkansas Department of Finance and Administration issued a notice regarding the exemption from sales and use tax for purchases of utilities used in agricultural, aquaculture, and horticulture beginning January 1, 2014. The exemption applies to Continue reading Arkansas – Farm Utility Exemption

Arkansas – Sales Tax Credit for the Sale of a Used Vehicle

SALT Report 2746 – The Arkansas Department of Finance & Administration’s quarterly newsletter discusses the sales and use tax credit available for certain vehicle sales. The newsletter states that if a consumer purchases a new vehicle and within 45 days, Continue reading Arkansas – Sales Tax Credit for the Sale of a Used Vehicle

Arkansas – Utilities Used by Grain Drying and Storage Facilities Exempt

SALT Report 2470 – Due to recently passed legislation, sales of electricity, liquefied petroleum gas, and natural gas used by a grain drying and storage facility are exempt from Arkansas sales and use tax. To qualify for the exemption, the Continue reading Arkansas – Utilities Used by Grain Drying and Storage Facilities Exempt

Arkansas – Exemption for Expendable Supplies for Farm Machinery

SALT Report 2434 – Arkansas’ Governor signed a Bill that provides a sales and use tax exemption for expendable supplies for farm machinery. Specific items included in the exemption are baling twine, net wrap, silage wrap, and cotton wrap that Continue reading Arkansas – Exemption for Expendable Supplies for Farm Machinery