County Applies Technology To Taxes

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County Applies Technology To Taxes

By Tom Sissom

Posted: December 25, 2012 at 5 a.m.

Benton County is taking Geographic Information Systems technology into the field of tax assessment.

At A Glance

Property Tax

Arkansas Code Section 26-3-201 defines property subject to taxes generally.

“All property, whether real or personal, in this state; all moneys, credits, investments in bonds, stocks, joint-stock companies, or otherwise, of persons residing therein; the property of corporations; and the property of all banks or banking companies and of all bankers and brokers shall be subject to taxation. Such property, moneys, credits, investments in bonds, stocks, joint-stock companies, or otherwise, or the value thereof, shall be entered on the list of taxable property for that purpose.”

Source: Staff Report

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