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Arkansas Tax and Incentives Update

SB140 Economic Nexus Bill Fails in House Revenue & Taxation Committee

Posted On: Tuesday, February 14, 2017

Senator Jake Files's economic nexus bill, SB140, failed a do pass vote in the House Revenue & Taxation Committee today; the legislation's prospects are now unclear. SB140, which had passed the Senate, is an economic nexus bill modeled on South Dakota's. It would provide a $100,000 or 200-transaction threshold to trigger a sales/use tax collection obligation for an out-of-state seller. Senator Files submitted an amendment to the House committee today that would add a use tax reporting alternative to create a hybrid remote seller bill giving sellers exceeding the threshold a choice of Colorado-style information reporting or sales tax collection; this amendment was approved. Read More

Arkansas Revenue & Tax Committees' Joint Hearing Considers Reducing Sales Tax Vendor Discount and Other Changes

Posted On: Wednesday, October 05, 2016

Today's joint meeting of the Arkansas House and Senate Committees on Revenue and Taxation featured two topics: (1) property tax administration reform and (2) a proposal to reduce sales tax vendor discounts while also prohibiting financial institutions from charging interchange fees on tax amounts. Read More


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