Question: How Much Is Sales Tax On A Car In Arkansas?

What is the maximum amount you can pay for a car in Arkansas and not pay sales tax?

The state sales tax of 6.5% plus any local sales taxes is due on the whole amount of a car costing more than $4,000.

A car costing $4,000 or less is exempt..

What is subject to sales tax in Arkansas?

Goods that are subject to sales tax in Arkansas include physical property, like furniture, home appliances, and motor vehicles. Arkansas charges a 1.5% reduced rate on the purchase of groceries. Some services in Arkansas are subject to sales tax.

What taxes do you pay in Arkansas?

Income Tax BracketsAll FilersArkansas Taxable IncomeRate$22,200 – $37,1995.00%$37,200 – $79,3006.00%$79,301+6.90%4 more rows•Jan 1, 2020

Are groceries taxed in Arkansas?

Groceries are now subject to a reduced sales tax rate of 1.5 percent, while the standard sales tax rate is 6.5 percent.

How long do you have to pay sales tax on a car in Arkansas?

30 daysYou must register the vehicle within 30 days of the purchase and pay for state sales tax at the time of registration.

Can you make payments on sales tax in Arkansas?

You have two options for filing and paying your Arkansas sales tax: File online – File online at the Arkansas Taxpayer Access Point (ATAP). You can remit your payment through their online system. … We take care of the payments, too.

How much does it cost to transfer a car title in Arkansas?

How much does it cost to transfer a car title in Arkansas? The fee to transfer the title is only $10. However, you will likely be paying sales tax, registration fees, and any other local taxes for your registration at the same time.

Can you register a car online in Arkansas?

Governor Asa Hutchinson today announced a significant change to the way Arkansans may register vehicles with the State of Arkansas. While registration previously required a trip to the Revenue Office, Governor Hutchinson announced vehicles may now be registered online at mydmv.arkansas.gov.

How much is personal property tax on a car in Arkansas?

The assessment is 20 percent applied to the “true market value” of real property and to the usual selling price of personal property. The tax due is calculated as the assessed value times the local mileage rate.

How much is Arkansas state sales tax?

Sales and Use Tax The Arkansas sales tax is 6.5% of the gross receipts from the sales of tangible personal property and certain selected services.

What documents do I need to assess my car in Arkansas?

Vehicle registration application. Bill of sale along with an odometer disclosure statement. Proof from the county assessor that the vehicle has been assessed or has been that current year. Proof you don’t owe personal property taxes, such as a receipt from the county’s tax office.

How do you calculate sales tax on a car in Arkansas?

Calculating Arkansas Car Sales Tax: The sales tax is calculated on the total amount of the sale (less trade-in value). This holds true for private car sales or vehicles purchased from car dealers in Arkansas. The percentage of sales tax charged is generally 6 percent of the total sales price.

What is exempt from sales tax in Arkansas?

Tax-exempt goods Some goods are exempt from sales tax under Arkansas law. Examples include prescription drugs, purchases made with food stamps, and some farming equipment.

Can you pay sales tax on a car with a credit card in Arkansas?

No. We do not currently accept credit cards. The Commission prefers licensees pay by check, but will accept cash with proper receipt provider.

Is Vehicle Sales tax deductible in Arkansas?

You will be asked if you paid sales tax on a major purchase, and you will be able to enter the sales tax you paid for your new vehicle. Sales tax is an itemized deduction.

Do you have to pay sales tax on ATVs in Arkansas?

Currently, sellers are required to collect sales tax on the sale of ATVs, unless a sales tax exemption is presented at the time of purchase. This bill modifies the duty of sellers to collect sales tax to a duty to report certain data on all ATVs sold to the Department.

How much will it cost to tag my car in Arkansas?

The following are registration fees based on your vehicle: 3,000 pounds and under $17. 3,001 to 4,500 pounds $25.

How much is sales tax on food in Arkansas?

Food sales tax rates (and general sales tax rates) in these states are as follows: Arkansas: 0.125 percent (6.5 percent), Illinois: 1 percent (6.25 percent), Missouri: 1.225 percent (4.225 percent), Tennessee: 4 percent (7 percent), Utah: 3 percent (6.1 percent), and Virginia: 2.5 percent (5.3 percent).