Rent-A-Center East, Inc. v. Larry Walther

Summary

The court held that Rent-A-Center's weekly and semimonthly rent-to-own transactions are subject to Arkansas's short-term rental tax because each rental term is for less than thirty days. The customer's repeated renewals and eventual opportunity to acquire ownership do not change the duration of the individual rental periods. The court therefore affirmed summary judgment for the Arkansas Department of Finance and Administration.