Ark. Code R. 006.05.97-006 - Amended Gross Receipts Regulation Gr-53(g) - Restaurant Supplies

Rule 006.05.97-006 - Amended Gross Receipts Regulation Gr-53(g) - Restaurant Supplies
Rule 006.05.97-005 - Income Tax Regulation 1997-2 - Individual Income Tax Credit for Political ContributionsRule 006.05.97-009 - Gross Receipts Regulations - Gr-9(c) Service Contracts, Maintenance Agreements & Extended Warranties; Gr-12(d) Exemption for Rental Motor Vehicles; and Gr-20(c)(e) and (g) Long-term Lease of Vehicles.

The Director of the Department of Finance and Administration and the Commissioner of Revenue determine that Gross Receipts Tax Regulation GR-53(G) should be amended to read as follows:

GR-53(G) Restaurant Supplies:

  1. As a general rule, gross receipts derived from the sale of the following items to restaurants are exempt as sales for resale: paper, plastic and Styrofoam cups used for dispensing beverages, the paper and plastic lids for such cups; paper and plastic bowls, paper boats, boxes and containers used for dispensing food items, and the wrappers for such bowls, boats and boxes and containers.

  2. Gross receipts derived from the sale of the following items purchased by restaurants are not exempt as a sale for resale: paper plates; paper and plastic straws and stirrers; plastic tableware and utensils; paper napkins; paper sacks; and premoistened towelettes.

  3. Gross receipts derived from the sale of toys which are included as a component part of a children's meal are exempt as sales for resale when those toys are purchased by the restaurant.

Disclaimer. This may not be the most current version of this information. Users should consult official sources to verify information on this site is recent and current. Marble does not warrant or represent the accuracy, completeness or reliability of the information contained on this site.