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EFT1 ST State of Arkansas DEPARTMENT OF FINANCE AND ADMINISTRATION Authorization Agreement for Electronic Funds Transfer of Sales and Use Tax EIGHT-DIGIT ACCOUNT IDs: Check one of the following boxes:
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EFT-1ST stands for Electronic Funds Transfer First State.
Businesses and individuals who make electronic funds transfers are required to file EFT-1ST.
EFT-1ST can be filled out online through the designated portal provided by the state.
The purpose of EFT-1ST is to report electronic funds transfers for taxation or regulatory purposes.
Information such as the amount of funds transferred, the parties involved, and the date of the transfer must be reported on EFT-1ST.
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