§ 3-7-501 - Rules and regulations generally. - Arkansas Statutes

3-7-501. Rules and regulations generally.

(a) The Director of the Department of Finance and Administration is authorized and directed to adopt and issue rules and regulations to protect the revenues of this state by prescribing a reporting method for paying and collecting the tax on wines.

(b) Regulations shall provide a method of tax credit for wines sold to United States military installations or returned to the manufacturer, on which excise taxes are not required.

(c) There will be no change in the present system of reporting the tax on native Arkansas wines.