(a) A local sales and use tax levied under this chapter applies to sales of items and services sold by a business and shall be administered under the Arkansas Gross Receipts Act of 1941, § 26-52-101 et seq., and the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.
(b) When a direct pay permit holder purchases tangible personal property or taxable services either from an Arkansas vendor or an out-of-state vendor for use, storage, consumption, or distribution in Arkansas, the permit holder shall accrue and remit the local sales and use tax, if any, under the sourcing rules in §§ 26-52-521 and 26-52-522.
Section: Previous 26-82-103 26-82-104 26-82-105 26-82-106 26-82-107 26-82-108 26-82-109 26-82-110 26-82-111 26-82-112 26-82-113 26-82-114 26-82-115 26-82-116 26-82-117 NextLast modified: November 15, 2016