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Section 26-52-903 - Exemption from taxes — Arkansas Law | CourtGPT
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  4. Title 26 - Taxation (§§ 26-1-101 — 26-82-119)/
  5. Subtitle 5 - State Taxes/
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  7. Subchapter 9 - Steel Mill Tax Incentives/
  8. Section 26-52-903 - Exemption from taxes
Arkansas Legal Code

Section 26-52-903 - Exemption from taxes

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Sales of natural gas and electricity to taxpayers qualified under § 26-52-902 for use in connection with the steel mill shall be exempt from:(1) The gross receipts tax levied by this chapter;(2) The Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.; and(3) Any other state or local tax administered under this chapter or the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.Acts 1987, No. 48, § 4; 1987, No. 575, § 2.

Sales of natural gas and electricity to taxpayers qualified under § 26-52-902 for use in connection with the steel mill shall be exempt from:(1) The gross receipts tax levied by this chapter;(2) The Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.; and(3) Any other state or local tax administered under this chapter or the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.Acts 1987, No. 48, § 4; 1987, No. 575, § 2.