This site is part of the Global Exhibitions Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.


Arkansas Governor Repeals Self-Storage Sales Tax


Last week, Arkansas Governor Mike Beebe signed into law a bill that repeals the sales tax imposed on mini-warehouses and self-storage services, setting an important precedent for the self-storage industry. SB 2, sponsored by Sen. Bobby Glover, officially repeals the tax as of July 1, 2011.
The tax was enacted in 2004 to help pay for an overhaul of the state's public school system. Though the Arkansas Department of Finance and Administration said losing the tax would cost the state about $4.2 million a year, it was passed in the legislature with a 115-15 vote.

Related Articles:

Bill to Repeal Arkansas Self-Storage Tax Heads to House Floor

Arkansas Senate Passes Bill to Repeal Self-Storage Tax

Real Estate Roundup: Sales Tax—A Double Demon?

Refunds on Self-Storage Sales Tax Available in South Dakota

comments powered by Disqus