# Ark. Code Ann. § 26-53-110: Financial institutions

> Arkansas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-110

## Section

- **Citation:** Ark. Code Ann. § 26-53-110
- **Heading:** Financial institutions
- **Jurisdiction:** Arkansas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AR Code / Title 26 / Chapter 53 / Subchapter 1 / Section 26-53-110

## Text

Sales of tangible personal property, specified digital products, a digital code, and services to financial institutions are subject to the state compensating tax levied in this subchapter, the same as such sales to other business corporations. Amended by Act 2017, No. 141,§ 49, eff. for tax years beginning on and after 1/1/2018. Acts 1973, No. 182, § 6; A.S.A. 1947, § 84-1937.

Sales of tangible personal property, specified digital products, a digital code, and services to financial institutions are subject to the state compensating tax levied in this subchapter, the same as such sales to other business corporations.

Amended by Act 2017, No. 141,§ 49, eff. for tax years beginning on and after 1/1/2018.

Acts 1973, No. 182, § 6; A.S.A. 1947, § 84-1937.

## Nearby sections

- [Ark. Code Ann. § 26-53-101 Title](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-101.md)
- [Ark. Code Ann. § 26-53-102 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-102.md)
- [Ark. Code Ann. § 26-53-103 Administration of subchapter](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-103.md)
- [Ark. Code Ann. § 26-53-104 Rules - Forms](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-104.md)
- [Ark. Code Ann. § 26-53-105 Sales and Use Tax Section](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-105.md)
- [Ark. Code Ann. § 26-53-106 Imposition and rate of tax generally - Presumptions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-106.md)
- [Ark. Code Ann. § 26-53-107 Additional taxes levied](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-107.md)
- [Ark. Code Ann. § 26-53-108 Imposition and rate of tax on certain personal property](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-108.md)
- [Ark. Code Ann. § 26-53-109 Tax on use, storage, or distribution of computer software - Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-109.md)
- [Ark. Code Ann. § 26-53-110 Financial institutions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-110.md)
- [Ark. Code Ann. § 26-53-111 Deduction for bad debts](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-111.md)
- [Ark. Code Ann. § 26-53-112 Exemptions generally](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-112.md)
- [Ark. Code Ann. § 26-53-113 Exemption for unprocessed crude oil](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-113.md)
- [Ark. Code Ann. § 26-53-114 Exemption for certain machinery and equipment - Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C53_S1_S26-53-110. Check the current official text before relying on it. Not legal advice.