INSTRUCTIONS: ARKANSAS SPECIAL EVENTS SALES TAX REPORT SCHEDULE (Form ST 370)

Promoters in charge of a special event in Arkansas should distribute a form ST 370 to all booth operators and vendors to report sales tax collections for the event. The document should be returned to the promoter at the end of the event. This form can be found on the website of the Arkansas Department of Finance and Administration.

Arkansas Special Events Sales Tax Report Schedule ST 370 Step 1: Enter the promoter reporting number on the first blank line and the special events promoter on the second blank line.

Arkansas Special Events Sales Tax Report Schedule ST 370 Step 2: Enter the event name on the third blank line, the event name on the fourth blank line and the event location on the fifth blank location.

Arkansas Special Events Sales Tax Report Schedule ST 370 Step 3: The next section requires information about the booth operator or vendor. Enter the vendor name in box 1, their Arkansas permit number (if applicable) in box 2, and their booth number in box 3.

Arkansas Special Events Sales Tax Report Schedule ST 370 Step 4: Enter the vendor's street address in box 4, their city, state and zip code in box 5, and their federal ID in box 6.

Arkansas Special Events Sales Tax Report Schedule ST 370 Step 5: The next section concerns computation of general state sales tax. Enter your total gross sales on line 1 of section A. Enter purchases of items previously paid on line 2. Subtract line 2 from line 1 and enter the difference on line 3. Multiply line 3 by 8% and enter the resulting product on line 4.

Arkansas Special Events Sales Tax Report Schedule ST 370 Step 6: Section B concerns reduced state food tax. Enter your total gross sales in this category on line 1. Enter the cost of purchases of items for which tax was previously paid on line 2. Subtract line 2 from line 1 and enter the resulting difference on line 3. Multiply line 3 by 1.5% and enter the resulting product on line 4.

Arkansas Special Events Sales Tax Report Schedule ST 370 Step 7: Complete the next section as instructed to complete local tax owed. Add tax from all three sections to determine your total tax owed. Sign and date the form.