The Arkansas Department of Finance and Administration (DFA) Jan. 17 released a revised streamlined taxability matrix on tax administration practices in the state. The DFA notes that this revised guidance includes changes to: 1) taxability treatment; 2) statute/rule cite references; 3) definitions; and 4) comments. The DFA also notes that this guidance is effective as of Jan. 1. [Ark. Dep’t of Fin. & Admin., Taxability Matrix: Tax Administration Practices, 01/17/25]
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