The Arkansas Department of Finance and Administration has issued a legal opinion to a taxpayer’s letter clarifying the state’s exemption for manufacturing machinery and equipment. This page discusses various sales tax exemptions in Arkansas. Under Arkansas law, a sales and use tax exemption applies to purchases of machinery Code Ann. Listen to a brief overview of state tax developments this week, including Arkansas, or read full Arkansas development below. Arkansas has amended its sales and use tax exemption to clarify that a partial replacement of manufacturing machinery and equipment which improves manufacturing efficiency is exempt. Sales Tax Exemptions in Arkansas .

If audited, the Arkansas Department of Finance and Administration requires the seller to have a correctly filled out ST391 Sales Tax Exemption Certificate. Statewide Tax Rates: Code: Effective Date: Rate: State Sales and Use Tax-07/01/2013: 6.500%: State Reduced Food Tax-01/01/2019: 0.125%: State Electricity Manufacturing Tax Arkansas: An Administrative Law Judge concluded that a taxpayer that manufactured items to the specifications of its customers was not entitled to the state’s manufacturing exemption from sales and use tax.

For machinery or equipment to qualify for the state’s manufacturing exemption, it must be purchased and used to: particular exemption may vary widely from year to year depending on prices, industry activity and demographic trends. Arkansas's Sales Tax Home Page Arkansas's Sales Tax Code Arkansas's Sales Tax Rules $$ Identify the purpose, use, and location of manufacturing purchases, which is an important internal control to ensure the proper administration of the sales tax system. Arkansas Issues Legal Opinion Clarifying Manufacturing Machinery and Equipment Exemption.

How to fill out Arkansas Sales Tax Exemption Certificate – Form ST391 Filling out Form ST391 is pretty straightforward, but is critical for the seller to gather all the information. July 2018 Statewide Tax Rate: Date: Rate: Recent Action: State Manufacturing Repair Parts Tax: 07/01/2018: 4.500%: Decreased Businesses not holding active sales and use tax permits may use the Claim for Local Cap Rebate Form Number ET-179A and provide the necessary supporting documentation for their claim. Act 185 of 2007, Acts 691 and 695 of 2009; Ark. Machinery and equipment required by Arkansas law In Arkansas, certain items may be exempt from the sales tax to all consumers, not just tax-exempt purchasers.. Several examples of exceptions to the sales tax are … Machinery and equipment used directly in the manufacturing process include: molds, frames, cavities, and forms that determine the physical characteristic of a product or its packaging material at any … The Arkansas Department of Finance and Administration has issued a legal opinion to a taxpayer’s letter clarifying the state’s exemption for manufacturing machinery and equipment. Act 465 will significantly change the Arkansas sales and use tax exemptions available to manufacturers by phasing out two sales tax incentives while concurrently expanding the exemption for manufacturing repair parts and services.

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