- Arkansas introduces a Farmer Sales Tax Identification Card for tax exemption
- Effective from January 1, 2026
- Simplifies tax compliance for farmers
- Farmers can use the card instead of a traditional exemption certificate
- Eligibility requires active farming and proof of commercial production capability
- Documentation needed includes Schedule F, Form 1065, or equivalent tax forms
- New farmers can submit a business plan if lacking three years of tax documentation
- Card valid for eight years
- Fee is $20 for a new card and $10 for renewals
Source: thompsontax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
