Franklin County (AR) Sales Tax

  • Comments: Comments Off on Franklin County (AR) Sales Tax

Each business in Arkansas needs to collect sales taxes to then pay up to the Department of Revenue. The sales taxes are added to qualifying items and services sold. The sales tax rate is made up of the sum of the State sales tax, county sales tax, city sales tax, and in some cases, there are extra special district sales rates. The maximum sales tax applicable in Franklin County, Arkansas reaches 10.00%. The sales tax in Arkansas is 6.50%. Franklin County charges an extra 2.00% sales tax rate. Some cities charge up to an additional 1.5% on the sales tax rate, hence we get the maximal result of 10.00% sales tax rate.

Franklin County Sales Tax Calculator, Arkansas

$
-or- Specify Sales Tax Rate
-or- Specify ZIP Code
%

When you are selling or buying, you need to know the total sales tax applicable to your transaction. Since each city and district has its own applicable sales tax rate, it is easy to get lost. For this reason, we have created an online calculator that figures all of this out for you. All that you must do is input your zip code and the price of the transaction. The calculator will apply the sales tax rate of that zip code and will give you a result. This way you do not need to look around and search on multiple sites.

Tax Rates by City in Franklin County, Arkansas

In the USA, each district, each city has its own applicable sales tax rate. The total sales tax rates vary from a minimum of 8.50% to a maximum of 10.00%. To learn more about what is the general applicable sales tax rate for each city in Arkansas, see the table below. All you must do is to look for your designated city and read the applicable sales tax rate.

City Sales Tax Rate Zip-code Population
Ozark 8.50% 72949 7450
Charleston 10.00% 72933 3712
Altus 8.50% 72821 1267

Alternative sales tax rate for Franklin County.

County Max Combined Tax State Tax County Tax City Tax Special Tax
Garland County 9.50% 1.50% 1.50% 0%
Faulkner County 9.13% 0.50% 2.13% 0%
Saline County 9.88% 0.38% 3.00% 0%
Mississippi County 11.00% 2.50% 2.00% 0%
Independence County 8.00% 1.50% 0% 0%
Ouachita County 10.75% 2.50% 1.75% 0%
Columbia County 10.38% 1.50% 2.38% 0%
Ashley County 10.00% 1.50% 2.00% 0%
Drew County 9.75% 2.25% 1.00% 0%
Cleburne County 9.13% 1.63% 1.00% 0%
Yell County 7.63% 1.13% 0% 0%
Madison County 8.50% 2.00% 0% 0%
Logan County 10.00% 2.00% 1.50% 0%
Lincoln County 11.50% 2.00% 3.00% 0%
Van Buren County 9.50% 1.50% 1.50% 0%
Lawrence County 11.00% 2.50% 2.00% 0%
Nevada County 9.50% 2.00% 1.00% 0%
Clay County 10.00% 1.50% 2.00% 0%
Calhoun County 10.00% 2.50% 1.00% 0%
Lafayette County 9.75% 2.25% 1.00% 0%

Popular questions about sales tax in Franklin County

How to find sales tax percentage?

The sales tax varies by state, county, and city. Since each jurisdiction has its own applicable sales tax rate, it is difficult to keep track of the tax amount owed for various jurisdictions. Therefore, we have created a simple tool that makes all the necessary calculations for you. Using our free online Sales Tax Calculator will allow you to automatically figure out the sales tax amount owed. All that you must do is input the total sales amount and the zip code that you are completing the purchase. The site will list the total sales amount and the components of the sales tax. This means it will list the appropriate applicable state, county, local, and city taxes. This service is nice and simple to use.

What states do not have sales tax?

Sales taxes are regulated by state and federal laws. Since states control the amount of sales tax that they charge locally, some others have decided to omit sales taxes at all to facilitate transactions. There are municipalities, or cities that can impose their taxes. As of right now, there are 5 states in the USA that do not charge a state sales tax. These states are Alaska, Montana, Oregon, Delaware, New Hampshire.

What is the provincial sales tax?

The sales tax is paid by the consumer to the business. The business then collects the sales taxes and pays them out to the Department Of Revenue. Sales taxes are paid on qualifying goods, otherwise known as taxable goods. Sales taxes also apply to taxable services. Not every product or service sold qualifies for sales taxes. Some are sales tax exempt.

On the category of sales exempt, there are various items and services. These depend on the type of business that is selling them and depends on the state. Various states have different rules when it comes to sales exempt items and services. Sales tax exempt are also businesses that are qualified as non-profit.

To get more information on sales taxes, you can check this link. You will get info about what should a business do to collect taxes, about the applicable laws that determine how a business pays sales taxes and how to determine the appropriate sales tax for a newly established business. It is imperative to know that the tax rate that a business charge depends on its nexus, otherwise known as a place of incorporation.

What is a sales tax license?

A sales tax certificate is a document that allows a business to make sales-tax-free purchases of goods and services that it intends to reuse for business and to later sell and collect sales tax on. Some states allow buyers and businesses that engage in frequent transactions to create a blanket certificate. This is a simplified version of the sale certificate, and it is valid for a specified amount of time.

Sellers that do not have a large volume of transactions do not even need a sale certificate. Such is the case of garage sales. Some states offer direct payment certificates, which allow for the purchasers to not pay any sales tax to their sellers, but they pay everything to the government directly. There are numerous intricate scenarios and for this, you need a good CPA or a sales law specialist to better guide you.

What states have sales tax?

45 states (do not levy these taxes in the states Alaska, Oregon, Delaware, Montana and New Hampshire) and the District of Columbia impose general sales taxes that apply to the sale or lease of most goods and some services, and states also may levy selective sales taxes on the sale or lease of particular goods or services. States may grant local governments the authority to impose additional general or selective sales taxes.