§ 26-58-107. Levy of tax

AR Code § 26-58-107 (2018) (N/A)
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(a) There is levied and there shall be collected from each producer of natural resources and each producer of timber in the State of Arkansas, a privilege or license tax to be known as "severance tax".

(b) The severance tax is to be paid to the Director of the Department of Finance and Administration.