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Arkansas Tax and Incentives Update

DFA Hearing Highlights Proration Tax Trap for Nonresident Individuals with Tax Credits

Posted On: Sunday, December 18, 2016

If there's one thing that it would seem safe to assume, it is that a credit is a dollar-for-dollar reduction in tax liability, right? Not for nonresident individuals filing in Arkansas. A recent Department of Finance and Administration administrative hearing decision, no. 17-113 (Dec. 16, 2016), illustrates the state's problematic proration requirement for tax credits claimed by nonresident individuals. Read More

You Don't Need a Megaproject: Southworth Products Expansion in Manila Yields Incentive Benefits

Posted On: Sunday, January 10, 2016

Earlier this week, the Arkansas Economic Development Commission announced an expansion by the Southworth Products Corporation at its facility in manila (Mississippi County).  The company is creating 35 new jobs and investing $935,000.  Its incentive package consisted of Cash Back sales tax incentives, Advantage Arkansas job creation incentives, and state and local community development block grants of $350,000 each. (See Arkansas Business coverage.) Read More

Incentives Roundup: J.B. Hunt, Bad Boy Mowers, and Simmons Foods Expansions

Posted On: Tuesday, December 15, 2015

Mid-December has seen a spate of expansion announcements from the Arkansas Economic Development Commission (AEDC). From an incentives perspective, the highlights are as follows: Read More


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Recent Posts


Arkansas Tax Reform Task Force Takes on Sales, Use and Excise Taxes - November 8, 2017

Taxpayer Strikes Out Again vs. APSC Tax Division - November 2, 2017

Call the Movers: DFA ALJs Will Be Reassigned and Relocated for Increased Independence - October 13, 2017


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