Browse Arkansas Code titles and sections
26-53-124. Collection of tax by vendor — Definition.
Arkansas Code — all titles (historical 2020) · legal_authorities
26-53-124. Collection of tax by vendor — Definition.
(a)(1)(A) Every vendor making a sale of tangible personal property, specified digital products, a digital code, or taxable services directly or indirectly for the purpose of storage, use, distribution, or consumption in this state shall collect the tax from the purchaser and give a receipt for the tangible personal property, specified digital products, digital code, or taxable services.
(B) Subdivision (a)(1)(A) of this section includes all out-of-state vendors who deliver merchandise and taxable services into Arkansas in their own conveyance when such merchandise or services will be stored, used, distributed, or consumed within this state.
(C) The sale of tangible personal property, specified digital products, a digital code, or taxable services shall be sourced according to §§ 26-52-521 — 26-52-523.
(2) The required amount of the tax collected by the vendor from the purchaser shall be displayed separately upon the check, sales slip, bill, receipt, or other evidence of sale.
(3) The processing of orders electronically, by fax, telephone, the internet, or other electronic ordering process, or the processing of orders by non-electronic means, by mail order, fax, telephone, or otherwise, does not relieve a vendor of responsibility for collection of the tax from the purchaser if both the following conditions exist:
(A) The vendor holds a substantial ownership interest, directly or through a subsidiary, in a retailer maintaining sales locations in Arkansas or is owned in whole or in substantial part by a retailer or by a parent or subsidiary of the retailer; and
(B) The vendor sells the same or a substantially similar line of products as the Arkansas retailer under the same or a substantially similar busines
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-53-124
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:26-53-124
Source file: gov.ar.code.title.26.odt
Pages: Not recorded – Not recorded
Passage SHA-256: c1307eb8617865143ed3e271b8d7e420f2e88cd32685fccd8477c24c0e2d6be9
Source location: content.xml paragraph 21694
Stored source content
26-53-124. Collection of tax by vendor — Definition.
(a)(1)(A) Every vendor making a sale of tangible personal property, specified digital products, a digital code, or taxable services directly or indirectly for the purpose of storage, use, distribution, or consumption in this state shall collect the tax from the purchaser and give a receipt for the tangible personal property, specified digital products, digital code, or taxable services.
(B) Subdivision (a)(1)(A) of this section includes all out-of-state vendors who deliver merchandise and taxable services into Arkansas in their own conveyance when such merchandise or services will be stored, used, distributed, or consumed within this state.
(C) The sale of tangible personal property, specified digital products, a digital code, or taxable services shall be sourced according to §§ 26-52-521 — 26-52-523.
(2) The required amount of the tax collected by the vendor from the purchaser shall be displayed separately upon the check, sales slip, bill, receipt, or other evidence of sale.
(3) The processing of orders electronically, by fax, telephone, the internet, or other electronic ordering process, or the processing of orders by non-electronic means, by mail order, fax, telephone, or otherwise, does not relieve a vendor of responsibility for collection of the tax from the purchaser if both the following conditions exist:
(A) The vendor holds a substantial ownership interest, directly or through a subsidiary, in a retailer maintaining sales locations in Arkansas or is owned in whole or in substantial part by a retailer or by a parent or subsidiary of the retailer; and
(B) The vendor sells the same or a substantially similar line of products as the Arkansas retailer under the same or a substantially similar business name, or the facilities or employees of the Arkansas retailer are used to advertise or promote sales by the vendor to Arkansas purchasers.
(4) As used in this section, “substantial ownership interest” in an entity means that degree of ownership of equity interests in an entity that is not less than that degree of ownership specified by 26 U.S.C. § 267, as in effect on January 1, 2001, with respect to a person other than a director or officer.
(b) Nothing in this section shall be construed to repeal any exemption from the Arkansas Gross Receipts Act of 1941, § 26-52-101 et seq., or this subchapter.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general**
(1) **Deduction for losses disallowed** — No deduction shall be allowed in respect of any loss from the sale or exchange of property, directly or indirectly, between persons specified in any of the paragraphs of subsection (b). The preceding sentence shall not apply to any loss of the distributing corporation (or the distributee) in the case of a distribution in complete liquidation.
(2) **Matching of deduction and payee income item in the case of expenses and interest** — If—
(A) by reason of the method of accounting of the person to whom the payment is to be made, the amount thereof is not (unless paid) includible in the gross income of such person, and
(B) at the close of the taxable year of the taxpayer for which (but for this paragraph) the amount would be deductible under this chapter, both the taxpayer and the person to whom the payment is to be made are persons specified in any of the paragraphs of subsection (b),
then any deduction allowable under this chapter in respect of such amount shall be allowable as of the day as of which such amount is includible in the gross income of the person to whom the payment is made (or, if later, as of the day on which it would be so allowable but for this paragraph). For purposes of this paragraph, in the case of a personal service corporation (within the meaning of section 441(i)(2)), such corporation and any employee-owner (within the meaning of section 269A(b)(2), as modified by section 441(i)(2)) shall be treated as persons specified in subsection (b).
(3) **Payments to foreign persons**
(A) *In general* — The Secretary shall by regulations apply the matching principle of paragraph (2) in cases in which the person to whom the payment is to be made is not a United States person.
(B) *Spe
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 267
Stored review status: release_metadata_unconfirmed. The source passage cites 26 U.S.C. § 267. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 1018
TITLE 26—INTERNAL REVENUE CODE
§ 266
‘‘(O) Minneapolis, Minnesota, Miller Milling Com-
pany—flour mill project.
‘‘(P) Homewood, Alabama, the Club Apartments.
‘‘(Q) Charlotte, North Carolina—qualified mortgage
bonds acquired by NCNB bank ($5,250,000).
‘‘(R) Grand Rapids, Michigan, Central Bank project.
‘‘(S) Ruppman Marketing Services, Inc.—building
project.
‘‘(T) Bellows Falls, Vermont—building project.
‘‘(U) East Broadway Project, Louisville, Kentucky.
‘‘(V) O.K. Industries, Oklahoma.
‘‘(4) ADDITIONAL
TRANSITIONAL
RULE.—Obligations
issued pursuant to an allocation of a State’s volume
limitation for private activity bonds, which allocation
was made by Executive Order 25 signed by the Governor
of the State on May 22, 1986 (as such order may be
amended before January 1, 1987), and qualified 501(c)(3)
bonds designated by such Governor for purposes of this
paragraph, shall be treated as acquired on or before Au-
gust 7, 1986, in the hands of the first and any subse-
quent financial institution acquiring such obligation.
The aggregate face amount of obligations to which this
paragraph applies shall not exceed $200,000,000.’’
EFFECTIVE DATE OF 1984 AMENDMENT
Amendment by section 16(a) of Pub. L. 98–369 applica-
ble to taxable years ending after Dec. 31, 1983, see sec-
tion 18(a) of Pub. L. 98–369, set out as a note under sec-
tion 48 of this title.
Amendment by section 56(c) of Pub. L. 98–369 applica-
ble to short sales after July 18, 1984, in taxable years
ending after that date, see section 56(d) of Pub. L.
98–369, set out as a note under section 163 of this title.
EFFECTIVE DATE OF 1981 AMENDMENT
Pub. L. 97–34, title III, § 301(d), Aug. 13, 1981, 95 Stat.
270, provided that:
‘‘(1) IN GENERAL.—Except as provided in paragraph
(2), the am
Source: Supplied 2024 U.S. Code historical extraction · 26 U.S.C. § 267
Stored review status: historical_2024_not_currentness_verified. The source passage cites 26 U.S.C. § 267. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
26-52-101. Title.
This chapter shall be known and cited as the “Arkansas Gross Receipts Act of 1941”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-52-101
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 26-52-101. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
26-52-521. Sourcing of sales — Definitions.
(a)(1) This section applies for purposes of determining a seller's obligation to pay or collect and remit a sales or use tax with respect to the seller's retail sale of a product or service.
(2) This section does not affect the obligation of a purchaser or lessee to remit tax on the use of the product or service to the taxing jurisdictions of that use and does not apply to the sales or use taxes levied on the retail sale excluding lease or rental, of motor vehicles, trailers, or semitrailers that require licensing.
(b) Excluding a lease or rental, the retail sale of a product or service shall be sourced as follows:
(1) If the product or service is received by the purchaser at a business location of the seller, the sale is sourced to that business location;
(2) If the product or service is not received by the purchaser at a business location of the seller, the sale is sourced to the location where receipt by the purchaser or the purchaser's designated donee occurs, including the location indicated by instructions for delivery to the purchaser or donee known to the seller;
(3) If subdivisions (b)(1) and (2) of this section do not apply, the sale is sourced to the location indicated by an address for the purchaser that is available from the business records of the seller that are maintained in the ordinary course of the seller's business when use of this address does not constitute bad faith;
(4) If subdivisions (b)(1)-(3) of this section do not apply, the sale is sourced to the location indicated by an address for the purchaser obtained during the consummation of the sale, including the address of a purchaser's payment instrument, if no other address is available if the use of this address does not constitute bad f
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-52-521
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 26-52-521. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
26-52-523. Credit or rebate on local sales and use tax — Definitions.
(a) As used in this section:
(1) “Qualifying purchase” means a purchase of tangible personal property, specified digital products, a digital code, or a taxable service:
(A) For which the purchaser may take a business expense deduction pursuant to 26 U.S.C. § 162, as in effect on January 1, 2007;
(B) For which the purchaser may take a depreciation deduction pursuant to 26 U.S.C. § 167, as in effect on January 1, 2007;
(C) By an exempt organization under 26 U.S.C. § 501, as in effect on January 1, 2007, if the purchase would be subject to a business expense deduction or depreciation deduction if the purchaser were not an exempt organization under 26 U.S.C. § 501, as in effect on January 1, 2007; or
(D) By a state or a county, city, municipality, school district, state-supported college or university, or any other political subdivision of a state if the purchase would be subject to a business expense deduction or depreciation deduction if the purchaser were not one of the entities enumerated in this subdivision (a)(1)(D);
(2) “Single transaction” means a sale of tangible personal property, specified digital products, a digital code, or a taxable service reflected on a single invoice, receipt, or statement for which an aggregate sales or use tax amount has been reported and remitted to the state for a single local taxing jurisdiction; and
(3) “Travel trailer” means a trailer that:
(A) Provides temporary living quarters for travel, recreation, or camping;
(B) Includes a chassis having wheels and a trailer hitch or fifth wheel for towing; and
(C) Is required to be licensed for highway use under Arkansas law.
(b)(1) A purchaser that pays any municipal sales or use tax in excess of the
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-52-523
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 26-52-523. This identifies an authority to review, not proof of applicability.