26-73-109. Tax information exchange agreements.

Arkansas Code — all titles (historical 2020) · legal_authorities

26-73-109. Tax information exchange agreements.

26-73-109. Tax information exchange agreements. (a)(1)(A) In order to promote the expeditious and effective collection of any tax levied under authority of this subchapter, a local government may enter into exchange of tax information agreements with the: (i) Internal Revenue Service; (ii) Secretary of the Department of Finance and Administration; or (iii) Tax administrator of another state or political subdivision. (B) Any such information exchanged shall be utilized solely for the purpose of enforcing tax laws. (2) In all other matters concerning the release of tax information, including its release to law enforcement agencies, the local government shall be governed by state law in the same manner as is the secretary. (b) Any person who sells or unlawfully divulges to another person or organization any information acquired through the collection of a tax levied under authority of this subchapter is guilty of a Class A misdemeanor and subject to the penalties therefor as defined in the Arkansas Criminal Code.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-73-109

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.