006.05.06 Ark. Code R. § 16 - RECEIPTS FROM CERTAIN COIN - OPERATED AMUSEMENT MACHINES SUBJECT TO TAX
A. The gross
receipts or gross proceeds derived from the operation of coin-operated pinball
machines, coin-operated music machines, coin-operated mechanical or electronic
games, coin-operated machines that distribute winnings as tangible personal
property or as coupons that are redeemable for merchandise, and all other
similar devices are subject to the tax. Every person holding an Amusement
Machine Operator's License pursuant to Ark. Code Ann. §
26-57-401 et
seq. must obtain a retail permit, and report and remit gross receipts
tax.
B. The tax shall be deemed to
be included in the charge for the use of the machine. Total gross receipts
shall be calculated by dividing the collected charges by the sum of one (1)
plus the state tax rate plus any local tax rates.
Notes
Ark. Code Ann. § 26-52-308
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.