(A) Levy. As authorized by Act 25 of 1st Extraordinary Sessions of 1981, as amended by Acts 726 and 802 of 1983, there is hereby levied a sales and use tax at the rate of 1% on the receipts from the sale at retail within the city, on all such items which are subject to taxation under the Arkansas Gross Receipts Tax Act, Act 386 of 1941 of the Acts of Arkansas, as amended, subject to a maximum of $25 for a single transaction.
(B) Definition. SINGLE TRANSACTION is defined according to the nature of the goods purchased as follows:
(1) When two or more devices in which, upon which, or by which any person or property is, or may be, transported or drawn, including to 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, are 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.
(2) The charges for utility services, which are subject to the Sales and Use Tax, and which are furnished on a continuous service basis, whether such services are paid daily, weekly, monthly, or annually, for the purpose of the local sales tax, shall be computed in daily increments, and such daily charge increment shall be considered to be a single transaction for the purpose of the local sales tax.
(3) For sales of building materials and supplies to contractors, builders, or other persons, a single transaction, for the purpose of the local sales tax, shall be deemed to be any single sale which is reflected on a single invoice, receipt, or statement on which an aggregate sales (or use) tax figure has been reported and remitted to the state.
(4) When two or more items of major household appliances, commercial appliances, major equipment and machinery are sold, each individual unit shall be treated as a single transaction for the purpose of the local sales tax.
(5) 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 sale which is reflected on a single invoice, receipt, or statement on which an aggregated sales tax figure has been reported and remitted to the state.
(Ord. 151, passed 12-10-84; Am. Ord. 152, passed 12-10-84)