HB1379

House Bill 1379 mandates that Arkansas taxpayers with an average monthly gross receipts tax or compensating use tax liability of $5,000 or more must file all required tax returns and remittances electronically. This requirement applies to tax years beginning on or after January 1, 2024. The bill provides a provision for the Secretary of the Department of Finance and Administration to waive these electronic filing requirements if compliance would cause an undue hardship on the taxpayer. The legislation aims to modernize tax collection processes by shifting eligible high-liability taxpayers toward digital filing systems. It applies to both gross receipts taxes and compensating use taxes. The bill also authorizes the secretary to establish separate reporting rules for taxpayers whose primary business does not involve the retail sale of tangible personal property, digital products, or taxable services.