HomeMy WebLinkAbout1988-07-03 ORDINANCE NO. 4 0 �
• AN ORDINANCE DEFINING THE TERM "SINGLE TRANSACTION" FOR
PURPOSE OF THE LOCAL SALES TAX, PROVIDING THE EMERGENCY CLAUSE
AND FOR OTHER PURPOSES .
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
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BATESVILLE, ARKANSAS :
Section 1. Defining Single Transaction. The term "single
transaction" for the purposes of the local sales tax, shall be
defined according to the nature of the goods purchased , as
follows:
A . When two or more devices in which, upon which or by
which any person or property is, or may be, transported or drawn,
including but not limited to on-road vehicles , whether required
to be licensed or not , off-road vehicles , farm vehicles ,
airplanes , water vessels , motor vehicles , or non-motorized
vehicles, and mobile homes, or sold to a person by a seller, each
individual unit, whether part of a "fleet" sale or not, shall be
treated as a single transaction for the purpose of the local
sales tax .
B. The charges for utility services, which are subject to
the taxes levied under this ordinance, and which are furnished on
a continuous service basis, whether such services are paid daily,
weekly, monthly or annually, for the purposes of the local sales
tax, shall be computed in daily increments, and each such daily
charge increment shall be considered to be a single transaction
for the purposes of the local sales tax .
C . For sales of building materials and supplies to
r
contractors, builders or other persons, a single transaction, for
the purposes of the local sales tax, shall be deemed to be any
single sale which reflected on a single invoice , receipt of
statement , on which an aggregate sales (or use) tax figure has
been reported and remitted to the state.
D. When two or more items of major household appliances ,
commercial appliances, major equipment and machinery are sold,
each individual unit shall be treated as s single transaction for
the purposes of the local sales tax.
E. For groceries , drug items, dry goods and other tangible
personal property and/or services not otherwise expressly covered
in this section, a single transaction shall be deemed to be any
single sale which is reflected on a single invoice, receipt or
statement , on which an aggregate sales tax figure has been
reported and remitted to the state.
Section 2 . Emergency Clause. That the City Council for the
City of Batesville, Arkansas, has determined that there is an
immediate need to establish a definition of "single transaction"
for the purpose of assisting the State of Arkansas in its
collection responsibilities for the local sales tax and this
ordinance being necessary for the preservation of the health ,
safety and welfare of the citizens of Batesville, Arkansas, shall
become law immediately upon its passage , approval and
publication.
Passed and approved thiss-day of . . . . . 1988.
OVED:
ATTT: - � .. . . . . . . . . . . . . . .
(H0 BLE JIM HIRRELL
. . . . . . . . . . . . . . . . . . . . . . . .
YOR
LARRY WILLIAMS, CLERK