Arkansas § 26-52-430 Charitable organizations

Arkansas Statutes

§ 26-52-430 — Charitable organizations

(a)The exemptions stated in this subchapter for a charitable organization shall not extend to sales of new tangible personal property, specified digital products, or a digital code by the charitable organization if the sales compete with sales by for-profit businesses.

(b)A sale by a charitable organization does not compete with a sale by a for-profit business if:

(1)The sales transaction is conducted by a member of the charitable organization and not by a franchisee or licensee;

(2)All the proceeds derived from the sales transaction go to the charitable organization; and (3) The sales transaction is not:

(A)A continuing one; or (B) Held more than ten (10) times a year.

(c)(1) The provisions of this section shall not apply to a sale made by a nonprofit hospital, a cafeteria at a nonp

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(a) The exemptions stated in this subchapter for a charitable organization shall not extend to sales of new tangible personal property, specified digital products, or a digital code by the charitable organization if the sales compete with sales by for-profit businesses. (b) A sale by a charitable organization does not compete with a sale by a for-profit business if: (1) The sales transaction is conducted by a member of the charitable organization and not by a franchisee or licensee; (2) All the proceeds derived from the sales transaction go to the charitable organization; and (3) The sales transaction is not: (A) A continuing one; or (B) Held more than ten (10) times a year. (c) (1) The provisions of this section shall not apply to a sale made by a nonprofit hospital, a cafeteria at a nonprofit hospital, or a gift shop at a nonprofit hospital, whether operated by the hospital, a hospital auxiliary, or other nonprofit organization. (2) The provisions of this section shall also not apply to a gift shop operated by a charitable organization at a for-profit hospital.

Arkansas § 26-52-430 (Charitable organizations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Act 2021, No. 807,§ 1, eff. 7/28/2021. Amended by Act 2017, No. 141,§ 30, eff. for tax years beginning on and after 1/1/2018. Amended by Act 2017, No. 665,§ 1, eff. 10/1/2017. Acts 1999, No. 1062, § 1; 2001, No. 628, § 1.