On November 15, 2018, Arkansas House Bill 1002 was filed and introduced in the Arkansas legislature. This bill if passed will require certain out-of-state sellers to collect and remit Arkansas sales and use tax. The bill imposes a threshold similar to many other states throughout the country, which obligates remote sellers who sell either $100,000 or more, or 200 transactions or more of tangible personal property or services into Arkansas, to collect and remit the Arkansas sales and use tax. If passed, this bill would become effective on the first day of the calendar quarter following the passing of the bill. More information on the status and details of the bill can be seen here. The language of the introduced legislation can also be seen here.
Arkansas Legislature Introduces Remote Seller Legislation
Sovos
November 28, 2018
Sign up for Email Updates
Stay up to date with the latest tax and compliance updates that may impact your business.
Author
Sovos
Sovos is a global provider of tax, compliance and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence. Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape. Sovos’ cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes.
More than 100,000 customers in 100+ countries – including half the Fortune 500 – trust Sovos for their compliance needs. Sovos annually processes more than three billion transactions across 19,000 global tax jurisdictions. Bolstered by a robust partner program more than 400 strong, Sovos brings to bear an unrivaled global network for companies across industries and geographies. Founded in 1979, Sovos has operations across the Americas and Europe, and is owned by Hg and TA Associates.
Share This Post