The tax is to be collected from the Producer on the barrels of brine severed during the production month. Monthly reporting forms are mailed out by the Miscellaneous Tax Section and are required to be completed/filed by the 25th day of each month following the report month.
1. Brine refers to salt water whose naturally dissolved components, or solutes, are used as source raw materials for bromine and other products derived from the same salt water used in the bromine production.
Tax rate equals $2.75 per 1000 barrels or $0.00275 per barrel. 1,000 barrels equals 42,000 US gallons.
AR Code Ann. §§26-58-101 et seq., 26-58-301 et seq.
|Brine Severance Revenue | Fiscal Year Ending 2017||07/03/2018|
|Brine Severance Revenue | Fiscal Year Ending 2019||07/05/2019|
|Brine Severance Revenue | Fiscal Year Ending 2020||07/02/2020|
|Brine Severance Revenue | Fiscal Year Ending 2021||11/09/2020|
- Excise Tax
- Consumer Use Tax Project
- Miscellaneous Tax
- Motor Fuel Tax
- Revenue Rules
- Sales and Use Tax
- Tax Clearance or Certificate of Tax Standing Procedures
- Tax Credits/Special Refunds
- Taxpayers Bill of Rights