Effective July 1, 2013, the
Arkansas Sales and Use Tax percentage is increasing from 6% to 6.5%.
You should make sure your
computerized or manual accounting system reflects the new 6.5% rate effective
July 1, 2013. The Arkansas Sales and
Use Tax website says that the 6.5% rate is in effect for approximately the next
10 years and will end when there are no bonds outstanding to which tax
collections have been allocated.
The State of Arkansas
usually provides updated sales and use tax paper reports with the new tax
rates, so watch your mail in the next few weeks for the updated forms. You can also visit http://www.dfa.arkansas.gov/offices/exciseTax/salesanduse/Documents/whatsnew2013.pdf for additional
information. If you have any questions
please give Andrew Griffith a call or email Andrew.griffith@bellandcompany.net.
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