(a) There is levied an excise tax of three-tenths of one cent (0.3cent(s)) upon the sale of each bingo face sold by a licensed distributor to a licensed authorized organization in this state.
(b) Items taxed under subsection (a) of this section shall be exempt from 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.
Section: 23-114-602 23-114-603 23-114-605 23-114-606 NextLast modified: November 15, 2016