Arkansas Code § 26-50-102 - Wholesaler to Furnish List of Retailers

(a) (1) It shall be the duty of all persons, firms, and corporations, and all business establishments of every kind engaged in the wholesale business of selling merchandise in this state to furnish, upon the request in writing of the Director of the Department of Finance and Administration of this state, the names of any retailers or other persons to whom sales have been made, together with the amount of the sales for any given period, to be used by the director or his or her agents for the purposes of collecting the gross receipts, use, or other tax as may be due this state, but for no other purpose.

(2) The information provided for shall be furnished to the director within thirty (30) days.

(3) The authority given in this subsection is in addition to any and all authority existing by reason of any statute of this state.

(b) Any wholesale concern selling merchandise in this state failing and refusing to give the information in writing, as requested by the director, is declared to be liable for any and all tax and penalty found to be due by the retailer for such period of time as is determined by the director in event the tax is not collectible from the retailer.

(c) The provisions of this section shall apply to out-of-state wholesalers, their agents, solicitors, salespersons, or collectors. Any person, firm, corporation, solicitor, salesperson, agent, or collector who fails, neglects, or refuses to give the information so requested, in addition to being liable for tax and penalty found due, shall be guilty of aiding in evasion of the payment of such tax and, upon conviction in any court of this state, shall be fined in any sum not less than fifty dollars ($50.00) nor more than one thousand dollars ($1,000) for each offense.

Section: 26-50-102  

Last modified: November 15, 2016