23 CAR § 350-128. Tax levied

(a) There is levied an excise tax of three-tenths of one cent (0.3¢) upon the sale of each bingo face sold by a licensed distributor to a licensed authorized organization in this state. (b)(1) Bingo faces taxed under the provisions of this section shall be exempt from the Arkansas Gross Receipts Act of 1941, Arkansas Code § 26-52-101 et seq., and the Arkansas Compensating Tax Act of 1949, Arkansas Code § 26-53-101 et seq. (2) All other bingo equipment purchased by a licensed authorized organization shall be subject to the Arkansas Gross Receipts Act of 1941, Arkansas Code § 26-52-101 et seq., and the Arkansas Compensating Tax Act of 1949, Arkansas Code § 26-53-101 et seq.