Editing Marion County, Arkansas (section)

===Taxation===
{{See also|Taxation in the United States}}
[[Property tax]] is assessed by the Marion County Assessor annually based upon the fair market value of the property and determining which tax rate, commonly called a ''millage'' in Arkansas, will apply. The rate depends upon the property's location with respect to city limits, school district, and special [[tax increment financing]] (TIF) districts. This tax is collected by the Marion County Collector between the first business day of March of each year through October 15 without penalty. The Marion County Treasurer disburses tax revenues to various government agencies, such as cities, county road departments, fire departments, libraries, and police departments in accordance with the budget set by the quorum court.

Sales and use taxes in Arkansas are voter approved and collected by the [[Arkansas Department of Finance and Administration]].
Arkansas's statewide [[sales tax|sales]] and [[use tax]] has been 6.5% since July 1, 2013.<ref>{{ cite web |title= State Tax Rates |url=https://www.dfa.arkansas.gov/excise-tax/sales-and-use-tax/state-tax-rates/ |publisher= Arkansas Department of Finance and Administration |access-date= December 29, 2018 }}</ref> Marion County has an additional sales and use tax of 1.75%, which has been in effect since April 1, 2017. Within Marion County, the five municipalities each also have additional sales and use tax: Bull Shoals and Yellville levy an additional 2%, Flippin and Summit 1%, and Pyatt 0.5%.<ref>{{ cite web |title= List of Cities and Counties with Local Sales and Use Tax |date= October–December 2018 |url= https://www.dfa.arkansas.gov/images/uploads/exciseTaxOffice/cityCountyTaxTable.pdf |publisher= Arkansas Department of Finance and Administration |access-date= March 3, 2019 }}</ref> The [[Arkansas State Treasurer]] disburses state tax revenue to counties/cities in accordance with tax rules.