State Income Taxes, Sales Taxes, and Local Property Taxes
State Income Taxes
Visit the Arkansas
Department of Finance and Administration for more information about
State Sales Taxes
For Arkansas Sales & Use
tax, visit Arkansas
Department of Finance and Administration. Counties
may also enact local option sales taxes.
Real Estate Taxes
Real property is assessed at a percentage of
its fair market value, and total real estate taxes are based on
this assessment. The tax due is calculated as the assessed value
times the local millage rate. Business property is assessed like
individual property. To calculate the real estate taxes in a particular
city, you must add the total county millage rates to the city,
school district, and fire protection district millage rates.
We recommend you contact the appropriate County Assessor office below to assist you.
Millage rates for Baxter, Boone, Izard, and Marion, the
counties in the South Shore area are available from the county
tax assessors as follows:
Web: Baxter County
Web: Boone County
Web: Izard County
Web: None Available
Personal Property Taxes
Personal property, such as cars, trucks, RVs, boats, motorcycles,
ATVs, as well as machinery, equipment, and business inventories,
are taxed according to the usual selling price for the item.
The millage rates for these taxes are usually the same as for
real estate taxes, but not always. Check with the assessor of
the county in which you are interested. (See above.)