006.09.1 R3-19-6-101. Sales and Use Tax
AR ADC 006.09.1 R3-19-6-101Arkansas Administrative Code
Ark. Admin. Code 006.09.1 R3-19-6-101
006.09.1 R3-19-6-101. Sales and Use Tax
It is the responsibility of the agency to accurately accrue and pay to the Department of Finance and Administration-Office of Accounting (DFA-OA) sales and use tax by the 15th of each month. It is the responsibility of DFA-OA to accurately report and remit sales and use tax for State agencies to the Department of Finance and Administration-Revenue Division (DFA-RD).
Sales Tax, also referred to as Gross Receipts Tax, is a tax levied against the sale of tangible personal property and various services. Sales tax is the responsibility of the seller to collect and remit to the State.
Use Tax, also referred to as Consumer Use Tax, is a tax levied against the purchase of tangible personal property from out-of-state vendors who are not registered with the State to remit sales and use tax. Use tax is the responsibility of the buyer to accrue and remit to the State.
DFA-OA must report and remit sales and use tax by the 20th of each month to DFA-RD. Therefore, it is imperative that agencies remit the payment of their sales and use tax to DFA-OA no later than the 15th of each month.
Refer to P2-19-6-101 for further information.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 006.09.1 R3-19-6-101, AR ADC 006.09.1 R3-19-6-101
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