2015 Arkansas Code
Title 26 - Taxation
Subtitle 5 - State Taxes
Chapter 52 - Gross Receipts Tax
Subchapter 1 - General Provisions
§ 26-52-106 - Cost of administration of chapter -- Distribution of surplus annually.
(a) The administration cost of this chapter shall not exceed three percent (3%) of the actual revenues collected.
(b) If any funds appropriated for the administration of this chapter shall remain in the hands of the Director of the Department of Finance and Administration at the end of each fiscal year that shall not have been actually used in the administration of this chapter, then the funds shall be remitted by the director to the Treasurer of State for distribution in the same manner and for the same purposes provided for in ยง 26-52-107.
Disclaimer: These codes 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.
