Search results
Results from the WOW.Com Content Network
In Arkansas, as of July 2024, the average cost of car insurance is $2,156 per year, or $179 a month, for a full coverage policy and $431 per year, or $36 a month, for a minimum coverage policy ...
When buying an automobile, if one trades in a car, the state deducts the price of the trade when calculating the sales tax to be paid on the automobile (e.g., purchasing a $40,000 car, and trading a $10,000 car, a person would be taxed on the difference of $30,000 only, not the full amount of the new vehicle).
The tax gap is the difference between the amount of tax legally owed and the amount actually collected by the government. The tax gap in 2006 was estimated to be $450 billion. [ 125 ] The tax gap two years later in 2008 was estimated to be in the range of $450–$500 billion and unreported income was estimated to be approximately $2 trillion ...
Different levels of coverage may protect consumers depending on which insurance policy they purchase. Coverage is sometimes seen as 20/40/15 or 100/300/100. The first two numbers seen are for medical coverage. In the 100/300 example, the policy will pay $100,000 per person up to $300,000 total for all people. The last number covers property damage.
Arkansas's statewide sales and use tax has been 6.5% since July 1, 2013. [49] Miller County has an additional sales and use tax of 1.25%, which has been in effect since October 1, 2012. Within Miller County, the City of Texarkana has an additional 2.5% sales and use tax since January 1, 2008, and the towns of Fouke and Garland having an ...
A car insurance policy primarily follows the insured car, not the driver. This means your insurance policy provides the main coverage when someone borrows your vehicle, with their auto insurance ...
Residents of Texarkana, Arkansas are exempt from Arkansas income tax; wages and business income earned there by residents of Texarkana, Texas are also exempt. Arkansas's gross receipts tax and compensating tax rate is currently 6%. The state has also mandated that various services be subject to sales tax collection.
Yes! You can take your email on the go with an iOS & Android app.