How do I file excise tax in Arkansas?
The Arkansas Sales and Use Tax Section does not send blank Arkansas Excise Tax Return (ET-1) forms to taxpayers. Contact 501-682-7104 to request ET-1 forms and the forms will be mailed to your business in two to three weeks. For faster service, file your Sales and Use Tax Returns online at
Does Arkansas have excise tax?
The Arkansas sales tax is 6.5% of the gross receipts from the sales of tangible personal property and certain selected services. The Arkansas compensating use tax of 6.5% is levied on tangible personal property purchased from outside the state of Arkansas for use, storage or consumption within the state of Arkansas.
How do I pay my business taxes in Arkansas?
New users sign up at or click on the ATAP link on our web site ATAP is a web-based service that allows taxpayers, or their designated representative, online access to their tax accounts and related information.
How do I become tax exempt in Arkansas?
To obtain exemption from Arkansas income tax: o Submit a copy of: ▪ 1) the IRS Determination Letter, ▪ 2) pages 1 and 2 of the IRS Form 1023, and ▪ 3) a statement declaring Arkansas Code Exemption: • The statement must declare that the organization is exempt under ARK. CODE ANN. § 26-51-303.
Who Must File Arkansas Franchise Tax?
business & Commercial services § 26-54-101 et al., also known as the “Arkansas Corporate Franchise Tax Act of 1979”, requires all Corporations, LLC’s, Banks, and Insurance Companies registered in Arkansas to pay an annual franchise tax.
Is food taxed in Arkansas?
In the state of Arkansas, any food or food ingredients taxed will be taxed at a reduced state rate of 1.5%. Some food items are considered to be ineligible for a reduced rate will be taxed at the regular state rate.
Is Arkansas a tax exempt state?
While the Arkansas sales tax of 6.5% applies to most transactions, there are certain items that may be exempt from taxation. This page discusses various sales tax exemptions in Arkansas….Other tax-exempt items in Arkansas.
| Category | Exemption Status |
|---|---|
| Manufacturing and Machinery | |
| Food | EXEMPT * |
| Merchandise | EXEMPT * |
Does an LLC have to file an annual report in Arkansas?
Arkansas LLCs must file Annual Franchise Tax Reports. As per Section 26-54-104 of the Arkansas Corporate Franchise Tax Act, all Arkansas LLCs are required to file an Annual Franchise Tax Report along with a flat-rate tax of $150.
