Statutes > Arkansas Statutes > Title 26 - Taxation > Subtitle 5 - State Taxes > Chapter 53 - Compensating Or Use Taxes > Subchapter 1 - Arkansas Compensating Tax Act of 1949 > § 26-53-137 - Exemption for railroad rolling stock manufactured for use in interstate commerce.

§ 26-53-137 - Exemption for railroad rolling stock manufactured for use in interstate commerce.

26-53-137. Exemption for railroad rolling stock manufactured for use in interstate commerce.

Railroad rolling stock manufactured for use in transporting persons or property in interstate commerce is exempt from the taxes levied in this subchapter.