Guidelines Inventory Permits Subcontracting 
Buisness Facilities Contributed Content
APRIL 15, 2014
Inventory is exempt from property tax. The business must obtain a direct-pay sales and use tax permit from the State of Arkansas. Bond proceeds cannot be used for working capital or inventory. That is, for property with a fair market value of $1 million, the assessed value would be $200,000.
Buisness Facilities Contributed Content
MARCH 21, 2014
The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments.
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