§ 58-39. Tax levied and collected on first $2,500.00 of gross receipts; rebates.

Any sales and/or use tax levied pursuant to this article shall be levied and collected only on the first $2,500.00 of gross receipts, gross proceeds or sales price from a single transaction. A person, from whom taxes levied by this article shall be collected may be entitled to a rebate for taxes in excess of $12.50, paid by the taxpayer to the county on a single transaction, pursuant to A.C.A. § 26-74-408. Any taxpayer who pays county-wide sales or use tax to the county on or after January 1, 1994, in excess of $12.50 on any single transaction may file a claim with the county clerk for a rebate of the excess tax paid. The claim shall be duly verified according to law, and accompanied by a cash receipt of invoice showing the amount of sales and use tax charged and proof of payment of the taxes. Claims shall be filed within 60 days of the date of purchase. If the county judge allows the claim, the county clerk shall refund to the claimant the excess tax paid by him; provided, however, that where a rebate would be due pursuant to the provisions of this article as a result of the purchase of a new or used motor vehicle and where the tax thereon is collected directly from the purchaser pursuant to the provisions of A.C.A. § 26-52-510, then the director shall collect only the amount of tax due less the amount to which the purchaser would be entitled under the rebate provisions of this article.

(Ord. No. O-93-35, art. 4, 11-23-1993; Ord. No. O-93-47, § 1, 12-28-1993)