FAQ

How much is sales tax in arkansas

How do you figure Arkansas sales tax?

The sales tax is calculated on the total amount of the sale (less trade-in value). This holds true for private car sales or vehicles purchased from car dealers in Arkansas. The percentage of sales tax charged is generally 6 percent of the total sales price.

How much is tax on food in Arkansas?

State Tax RatesStatewide Tax RatesCodeRateState Sales and Use Tax-6.500%State Reduced Food Tax-0.125%State Electricity Manufacturing Tax-1.625%State Manufacturing Utility Tax-0.625%

How much is sales tax in Arkansas on a new car?

The state sales tax of 6.5% plus any local sales taxes is due on the whole amount of a car costing more than $4,000. A car costing $4,000 or less is exempt.

What is Arkansas state and local tax rate?

The state sales tax rate in Arkansas is 6.500%. With local taxes, the total sales tax rate is between 6.500% and 11.625%. Arkansas has recent rate changes (Wed Jul 01 2020).

What is exempt from sales tax in Arkansas?

Some goods are exempt from sales tax under Arkansas law. Examples include prescription drugs, purchases made with food stamps, and some farming equipment.

Can you make payments on sales tax in Arkansas?

You have two options for filing and paying your Arkansas sales tax: File online – File online at the Arkansas Taxpayer Access Point (ATAP). You can remit your payment through their online system. File by mail – You can use Form ET-1 and file and pay through the mail.

How much is tax on fast food in Arkansas?

The sales and use tax rate for the State of Arkansas is 6.5% imposed on sales of tangible personal property and various types of services. Food and food ingredients are taxed at a reduced rate of 1.50%.

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What items are taxable in Arkansas?

Goods that are subject to sales tax in Arkansas include physical property, like furniture, home appliances, and motor vehicles. Arkansas charges a 1.5% reduced rate on the purchase of groceries. Some services in Arkansas are subject to sales tax.

What is the sales tax in Jonesboro AR?

8.5%

Where do you pay sales tax on a car in Arkansas?

If you really want to pay your vehicle sales tax at the DMV, you can streamline your visit by pre-registering here. You’ll get a confirmation code to take to the DMV.

How long do you have to pay sales tax on a vehicle in Arkansas?

Sales and use taxes must be paid by the 20th of the month after you purchased your car or brought it into the state.

How much will my tags cost in Arkansas?

The following are registration fees based on your vehicle: 3,000 pounds and under $17. 3,001 to 4,500 pounds $25. 4,501 pounds and over $30.

Is Arkansas a tax friendly state?

Arkansas is a relatively tax-friendly state for retirees. Social Security is totally exempt from the state’s income tax. Arkansas also offers seniors a deduction of $6,000 for other types of retirement income like from pensions or an IRA.

Is Arkansas a good place to live?

Arkansas is a good place to live especially if you prefer to live close to the vast American wilderness. … When judging the neighborhoods of Arkansas, factors such as the crime rate, the cost of living, ease of transport, quality of public schools and diversity of the population are all taken into account.

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