§ 26-22. Levy, exemption and collection to be in accordance with state law.

The levy, exemption from and collection of the county-wide sales tax and the county-wide use tax imposed by this article shall be made in accordance with:

(1)

All applicable definitions and other provisions of the Arkansas Gross Receipts Tax Act of 1941, A.C.A. § 26-52-101 et seq., as amended, and the Arkansas Compensating Tax Act (Use Tax) of 1949, A.C.A. § 26-53-101 et seq., as amended, except that the definition of the term "single transaction" as set out herein shall apply;

(2)

The existing rules and regulations pertaining to the Arkansas Gross Receipts Tax and the Arkansas Compensating Tax as promulgated by the state department of finance and administration, division of revenue; and

(3)

The provisions set forth in A.C.A. §§ 26-74-201 through 26-74-223.

(Ord. No. 94-O-34, art. 3, 9-1-1994)

State law reference

Administration, collection, etc., of tax, A.C.A. § 14-164-333.