Arkansas § 26-74-612 Maximum tax limitation

Arkansas Statutes

§ 26-74-612 — Maximum tax limitation

Arkansas § 26-74-612

Title26

This text of Arkansas § 26-74-612 (Maximum tax limitation) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 26-74-612 (2026).

Text

(a)(1) Any county general sales or use tax levied pursuant to this subchapter shall be levied and collected only on the first two thousand five hundred dollars ($2,500) of gross receipts, gross proceeds, or sales price on the sale of a:

(A)Motor vehicle;

(B)Aircraft;

(C)Watercraft;

(D)Modular home;

(E)Manufactured home; or (F) Mobile home.

(2)A vendor shall be responsible for collecting and remitting the tax only on the first two thousand five hundred dollars ($2,500) of gross receipts, gross proceeds, or sales price on the sale of a:

(A)Motor vehicle;

(B)Aircraft;

(C)Watercraft;

(D)Modular home;

(E)Manufactured home; or (F) Mobile home.

(b)A vendor collecting, reporting, and remitting the tax shall show the tax as a separate entry on the tax report form filed with the Secreta

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(a) (1) Any county general sales or use tax levied pursuant to this subchapter shall be levied and collected only on the first two thousand five hundred dollars ($2,500) of gross receipts, gross proceeds, or sales price on the sale of a: (A) Motor vehicle; (B) Aircraft; (C) Watercraft; (D) Modular home; (E) Manufactured home; or (F) Mobile home. (2) A vendor shall be responsible for collecting and remitting the tax only on the first two thousand five hundred dollars ($2,500) of gross receipts, gross proceeds, or sales price on the sale of a: (A) Motor vehicle; (B) Aircraft; (C) Watercraft; (D) Modular home; (E) Manufactured home; or (F) Mobile home. (b) A vendor collecting, reporting, and remitting the tax shall show the tax as a separate entry on the tax report form filed with the Secretary of the Department of Finance and Administration.