Arkansas Governor Signs Law Providing Sales Tax Exemption for Data Centers, Equipment, Data Center Costs

The Arkansas Governor April 13 signed a law providing a sales and use tax exemption for data centers, the data center equipment, and eligible data center costs. The law includes measures: 1) creating a new section providing the exemption to data centers, data center equipment, eligible data center costs, certain services, and electricity sold to a qualified data center; 2) defining terms including “data center equipment,” “eligible data center costs,” “facility,” and “qualified data center;" 3) requiring qualified firms to submit applications claiming the exemption to the Arkansas Economic Development Commission; 4) specifying the eligibility requirements for claiming the exemption ...