Arkansas Does Not Tax the Collection and Sale of Recyclable Proteins

Tuesday, April 12th, 2016

 
 
Arkansas Department of Finance
Share
Link
Arkansas
General

The Arkansas Department of Finance and Administration released an opinion on the taxability of protein recycling.

A company collected recyclable protein from food processing plants and converted it into a protein product. It then sold the product to customers for blending into animal feed. As part of its business, the company charged the food processing plants for collecting the recyclable materials.

Although Arkansas taxes the collection and disposal of solid waste, "solid waste" does not include recyclable material that will be reprocessed or reused. In this case, the recyclable protein was reprocessed. Because the proteins were not "solid waste", the company did not have to collect tax on its charges for collecting the recyclable protein.

https://www.ark.org/dfa-act896/index.php/api/document/download/20160307.pdf


About TTR

Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

Telephone Answering Services Taxable in Arkansas

Tuesday, October 16th, 2018 -The Arkansas Department of Finance and Administration recently ruled that the service of answering calls on be...

Washington Provides Guidance on Lodging Tax for Online...

Friday, October 12th, 2018 -The Washington Department of Revenue released updated guidance that provides tax reporting information for bed...

Economic Nexus in West Virginia

Wednesday, October 10th, 2018 -The West Virginia State Tax Department announced that it will require remote sellers to begin collecting sales...

Idaho Provides Guidance on the Exemption for Medical...

Monday, October 8th, 2018 -The Idaho State Tax Commission recently released guidance that explains Idaho's sales and use tax laws for buy...

Arkansas Does Not Follow Federal Law on Foreign Income

Friday, October 5th, 2018 -The Arkansas Department of Taxation and Finance recently released an opinion that says the state does not conf...

South Dakota Provides Guidance on the Taxation of Churches

Wednesday, October 3rd, 2018 -The South Dakota Department of Revenue (DOR) recently released guidance that provides information about how sa...