Arkansas Statutes
§ 26-52-407 — Certain vessels
Arkansas·Title 26
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.
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Arkansas § 26-52-407 (Certain vessels) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1979, No. 449, § 1; A.S.A. 1947, § 84-1904.8.
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