All banks shall be subject to the Arkansas Gross Receipts Act, § 26-52-101 et seq., and the Arkansas Compensating Tax Act, § 26-53-101 et seq.
Ark. Code Ann. § 23-48-101
Banks subject to gross receipts and compensating use taxes
Applied in 1 court decision — leading case Bennett v. Lonoke Bancshares, Inc. (2004)
Most recently applied in Bennett v. Lonoke Bancshares, Inc. (March 2004)
Acts 1997, No. 89, § 1.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.