Arkansas Administrative Code
Agency 006 - Department of Finance and Administration
Division 05 - Division of Revenues
Rule 006.05.95-006 - Amendment to Arkansas Gross Receipts Regulation GR-45(A)
Universal Citation: AR Admin Rules 006.05.95-006
Current through Register Vol. 49, No. 9, September, 2024
These amendments to the Arkansas Gross Receipts Regulations are necessary in order to properly implement and enforce Ark Code Ann.§ 26-52-405 and are promulgated pursuant to the autnority vested in the Director of the Department of Finance tion and the Commissioner of Revenue by Act 386 of 1941 and Act 401 of 1979.
Gross Receipts Regulation GR-45 (A) is amended to read as follows:
"(A) The gross receipts or
gross proceeds derived from sales of agricultural fertilizer, agricultural
limestone, and agricultural chemicals are exempt from the tax. The term
'agricultural chemicals' includes, but is not limited to agricultural
pesticides and agricultural herbicides; and vaccines, medications and medicinal
preparations used in treating livestock and poultry. Pesticides and herbicides
used in and around poultry and other animal houses and agricultural chemicals
and fertilizers used in the commercial production of timber are
exempt."
Disclaimer: These regulations may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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