Arkansas Code § 26-52-428 - Railroad Parts, Cars, and Equipment

There is specifically exempted from any tax imposed by this chapter, as amended, including, but not limited to, ยงยง 26-52-301 and 26-52-302, the gross receipts or gross proceeds derived from the sale of parts and other tangible personal property incorporated into or which ultimately become a part of railroad parts, railroad cars, and equipment brought into the State of Arkansas solely and exclusively for the purpose of being repaired, refurbished, modified, or converted within this state.

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Last modified: November 15, 2016