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006.05.212-GR-51.1. EXEMPTIONS FROM TAX - LIVESTOCK REPRODUCTION EQUIPMENT:

AR ADC 006.05.212-GR-51.1Arkansas Administrative Code

West's Arkansas Administrative Code
Title 006. Department of Finance and Administration
Division 05. Division of Revenues
Rule 212. 2008-3 Gross Receipts Tax Rules
Gross Receipts Tax Rules
Ark. Admin. Code 006.05.212-GR-51.1
006.05.212-GR-51.1. EXEMPTIONS FROM TAX - LIVESTOCK REPRODUCTION EQUIPMENT:
Currentness
A. The gross receipts or gross proceeds derived from the sale of livestock reproduction equipment or substances are exempt from gross receipts tax.
B. DEFINITIONS.
1. “Livestock” means any mammal the products of which are used for food or human consumption.
2. “Livestock reproduction equipment” includes any of the following used in the reproduction of livestock:
a. Nitrogen;
b. Nitrogen tanks; and
c. Any equipment used to implement the reproduction technique.
3. “Livestock reproduction substance” means any natural or artificial substance used in the reproduction of livestock, including semen or embryos.

Credits

AUTHORITY: Ark. Code Ann. § 26-52-439
Current with amendments received through May 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 006.05.212-GR-51.1, AR ADC 006.05.212-GR-51.1
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