(501) 375-9151 425 West Capitol Suite 3700 Little Rock, AR 72201

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


Go Back

Subscribe


Click here to subscribe

Recent Posts


Arkansas Tax Reform Tax Force Hears Competing Views in July 11 Meeting - July 14, 2017

DDH Partners Author Arkansas Pass-Through Entity Navigator for Bloomberg BNA - July 14, 2017

2017 Arkansas Tax Legislative Developments for the Environmental / Industrial Community - July 3, 2017


Tag Cloud



Tag List