General information

# (a)

# (1)

Every licensee must obtain a license from the Secretary of the Department of Finance and Administration for each place of business owned or operated by the licensee in this state.

# (2)

The license shall be conspicuously displayed within the place of business.

# (b)

Every licensee required to collect and remit tax shall file a tax report and remit the tax to the secretary on or before the fifteenth of each month following the month in which the taxable sale or purchase was made on forms prescribed by the secretary.

# (c)

A licensee who as a single entity acts as both a retailer and a distributor may report and remit the tax on the fifteenth of each month following the month in which the soft drinks, syrups, powders, or base products were withdrawn from the licensee's inventory and delivered to the licensee's retail outlets in Arkansas.

# (d)

The soft drink tax shall be administered in accordance with the Arkansas Tax Procedure Act, Arkansas Code § 26-18-101 et seq.