1. (a) This subpart is promulgated to implement and clarify the Arkansas Compensating Tax Act of 1949, Arkansas Code § 26-53-101 et seq.
2. (b) All persons affected by the Arkansas Compensating Tax Act of 1949 are advised to first read the Arkansas Gross Receipts Act of 1941, Arkansas Code § 26-52-101 et seq., and the rules promulgated by the Commissioner of Revenue pursuant thereto since the Arkansas Gross Receipts Act of 1941 and the Arkansas Compensating Tax Act of 1949 are complimentary legislative enactments and should be read together.
3. (c) This subpart is intended to clarify only those portions of the Arkansas Compensating Tax Act of 1949 that are different from the Arkansas Gross Receipts Act of 1941 and the rules promulgated thereto.
4. (d) When there is no conflict in the law or rules, then the gross receipts tax rules shall control.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules contained a footnote as follows: "Source: Ark. Code Ann. §§ 26-18-301; 26-53-104"