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Arkansas Tax and Incentives Update

Tax Reform Task Force Hears from PFM for the First Time

Posted On: Tuesday, October 03, 2017

The Arkansas Tax Reform Task Force heard from its selected third-party consultant, PFM Group, for the first time at its meeting today. PFM and the Task Force discussed the process going ahead and also looked at an overview of the Arkansas tax system. PFM's detailed presentation slides are available onlineRead More

Property Tax Reform? Committee on Economic and Tax Policy Hears Testimony

Posted On: Friday, September 22, 2017

The Arkansas Legislature‚Äôs Joint Committee on Economic and Tax Policy met on Wednesday, September 20 for an overview of property taxation. Lindsey Bailey, Legal Counsel for the Association of Arkansas Counties (AAC), led the presentation, accompanied by John Nichols, Attorney for the Assessment Coordination Department (ACD); Sandra Collier, Colombia County Assessor; and Chris Villines, Executive Director of the AAC and former Saline County Collector. Although the meeting only lasted for about an hour, there were a number of questions from legislators that highlighted several issues of interest: Read More

Tax Reform Task Force Selects PFM as Outside Consultant

Posted On: Thursday, September 07, 2017

At its meeting today, the Arkansas Tax Reform Task Force heard from three potential consultants, ultimately selecting PFM as its consultant. Of the three consultants under consideration, PFM demonstrated the most experience in state and local tax policy advisory work, and the Task Force seemed persuaded by their modeling and analytic capabilities. PFM will now begin the work of assessing the Arkansas tax system and starting to meet with stakeholders. Read More

Arkansas Legislators Begin to Focus on Tax Reform

Posted On: Thursday, August 31, 2017

With summer coming to an end, two legislative committees met today on Arkansas tax reform. The Committee on Economic and Tax Policy met in the morning to hear testimony on tax policy, and particularly the Texarkana income tax exemption. The afternoon featured the Tax Reform Tax Force reviewing proposals from potential outside consultants to the Task Force. Read More

2017 Arkansas Tax Legislative Developments for the Environmental / Industrial Community

Posted On: Monday, July 03, 2017

The May/June Arkansas Environmental Federation newsletter, Industries for the Environmentfeatured a summary of the 2017 Arkansas tax legislative developments likely of interest to AEF members, entitled "The Dust Settles: Arkansas Tax Developments from the 2017 Legislative Session," and authored by DDH attorneys Matt Boch and T.J. Lawhon. A reprint of the article is available hereRead More

Arkansas Tax Reform Task Force Gearing Up

Posted On: Monday, May 29, 2017

The Arkansas Tax Reform and Legislative Relief Task Force convened for the first time on May 22. Its membership had been set the prior week based on appointments from House Speaker Jeremy Gillam, Senate President Pro Tempore Jonathan Dismang, and other legislative leaders. Read More

Summary of 2017 Arkansas Tax Procedure Legislation

Posted On: Tuesday, May 02, 2017

The 2017 legislative session saw seemingly minor adjustments to tax procedure, but with significant impacts to affected taxpayers: Read More

Summary of 2017 Arkansas Economic Development Credits and Incentives Legislation

Posted On: Monday, May 01, 2017

Here is a summary of the Arkansas economic development incentives legislation for 2017. Particularly significant is the expansion of local government authority to provide incentives under Acts 533, 685, and 686, after the voters' approval of Amendment 97 in the November 2016 election. Read More

Summary of 2017 Arkansas Property Tax Legislation

Posted On: Wednesday, April 26, 2017

Here is a summary of 2017 Arkansas property tax legislation. The most significant bill is Act 659, a property tax procedure fairness bill supported by the Arkansas State Chamber that should bring significantly more equity to Arkansas property tax disputes.  Read More

Summary of 2017 Arkansas Sales and Use Tax Legislation

Posted On: Wednesday, April 12, 2017

There were relatively limited changes to Arkansas sales and use tax laws in the 2017 legislative session. The big news is Act 465, which phases out the InvestArk sales/use tax credit program while bringing in an exemption for manufacturing partial repairs and replacement parts. While a welcome simplification of the Arkansas tax system, the loss of InvestArk will affect many Arkansas manufacturers. Businesses should consider filing a final InvestArk application by June 30, 2017. Beyond Act 465, the Act 141 expansion of the tax base to include digital products is significant and may affect taxpayers engaged in e-commerce. Read More


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Recent Posts


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

Tax Reform Task Force Hears from PFM for the First Time - October 3, 2017

Property Tax Reform? Committee on Economic and Tax Policy Hears Testimony - September 22, 2017


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