Property Ownership
In Arkansas, property taxes are assessed as of which date?
AJanuary 1 of the tax year✓ Correct
BJuly 1 of the tax year
CDecember 31 of the prior year
DThe date of sale
Explanation
In Arkansas, property is assessed as of January 1 of the tax year. The assessor determines the value as of that date, and taxes for the year are based on that assessed value.
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