OWL has RDF mapping , so you can serialize OWL in any of the RDF formats, and any standard RDF parser will be able to handle this. I don’t understand what you mean by “full advantage”, but if you mean to follow the argument, then no, probably not. Reasoning has nothing to do with parsing, and I don't think ARC supports OWL arguments. To do this, you will need an actual OWL mind such as Pellet or HermiT .
I think ARC supports the ability to query the SPARQL endpoint, so you can use something like Joseki to get to the endpoint in a reasonable way and be able to get some OWL joy this way.
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