The gross receipts and gross proceeds derived from the sale and purchase of vessels, barges, and towboats of at least fifty (50) tons load displacement, and parts and labor used in the repair and construction of them, are exempt from the Arkansas gross receipts tax levied by this chapter.
Section: Previous 26-52-402 26-52-403 26-52-404 26-52-405 26-52-406 26-52-407 26-52-408 26-52-409 26-52-410 26-52-411 26-52-412 26-52-413 26-52-414 26-52-415 NextLast modified: November 15, 2016