006.05.06 Ark. Code R. § 49 - EXEMPTIONS FROM TAX - ISOLATED SALES
Example: Seller has an inventory of merchandise which buyer desires to purchase. Seller is in the established business of selling the merchandise. If seller sells all or part of the inventory to buyer, then it is not an isolated sale and seller must collect and remit tax on the gross receipts or gross proceeds derived from the sale of the merchandise unless other exemptions are applicable such as the sale for resale exemption. Sale of non-inventory assets is considered an isolated sale.
Ark. Code Ann. § 26-52-401(17)
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