Arkansas Governor Sarah Huckabee Sanders signed House Bill 1654, establishing a sales and use tax exemption to qualified data centers and certain service providers to data centers. The law defines a “qualified data center” as: A facility developed, acquired, constructed, expanded, rehabilitated, re...
Arkansas has enacted legislation that creates a sales and use tax exemption for qualifying data center equipment and costs and certain services provided to a data center. The sales and use tax exemption will apply to: Data center equipment Eligible data center costs Services purchased for the purpo...
Sales Tax Exemption Certificate A business that is seeking an exemption from paying sales or use tax must completeForm ST-391for an exemption certificate. A business will need to complete this form to document a tax-free transaction. A seller who fraudulently fails to collect the sales tax, s...
In addition to the withholding exemption certificate, Arkansas employers must also send Form W-2 to the Social Security Administration by the end of February. This should be done annually. Form W-2 holds information about the withheld taxes and paid wages of the business’s employees. When subm...