Elements of sales taxation in state of Arkansas

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Identify the important elements of sales taxation in the state of Arkansas. What governments levy general and selective sales taxes? Identify the following for the RST: What commodity sales are exempt? Are services taxed? What is the nominal rate? Does Arkansas provide sales tax credit/rebates through its income tax? In regard to selective excises: What selective excises are used? Are they ad valorem or specific? What rates apply?

Reference no: EM133254961

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