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Arkansas Tax and Incentives Update

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 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

Arkansas Election Aftermath - Incentives & Tax

Posted On: Thursday, November 10, 2016

Some Arkansas tax and incentives updates from the election on Tuesday: Read More

Arkansas Tax Traps and Found Money in Little Rock on November 16

Posted On: Sunday, September 18, 2016

We're bringing it home: The Dover Dixon Horne state tax team (Michael Parker, Matt Boch, & T.J. Lawhon) is going to present our "Arkansas Tax Traps and Found Money" seminar at the Arkansas State Chamber in Little Rock on November 16, 2016.  Read More

InvestArk Safe for Now

Posted On: Friday, May 06, 2016

In a win for Arkansas manufacturing competitiveness, Governor Hutchinson has announced that cuts to the InvestArk investment incentive will not be a part of his highway funding proposal. As we had previously covered, InvestArk was at risk of being cut to raise revenue in a political climate that is increasingly critical of incentives. InvestArk is a vital tool in encouraging growth and investment by existing Arkansas businesses. Read More

Big Thaw: DFA Reverses Opinion and Treats Freezer as Manufacturing

Posted On: Thursday, April 28, 2016

The Department of Finance and Administration (DFA) recently published a letter opinion, no. 20151008-S (Apr. 4, 2016), allowing a poultry blast freezer to obtain the reduced rate of sales tax on electricity used in manufacturing. This letter opinion was a reversal of a previously issued opinion, no. 20151008 (Feb. 9, 2016), which had wrongly denied the low rate on the basis that blast freezing was not actual manufacturing. (See our prior post criticizing the opinion.) This about-face demonstrates a benefit of tax transparency: The taxpayer community can identify erroneous legal interpretations and get them corrected. Read More

Op-Ed: Arkansas Needs Incentives to Attract and Retain Jobs

Posted On: Friday, April 15, 2016

Incentives have recently (and wrongly) been scrutinized and criticized as a drain on state revenue and as bad public policy.  In an op-ed published today in the Democrat-Gazette, DDH attorney Matthew Boch and Arkansas State Chamber of Commerce President/CEO Randy Zook explain why the state needs incentives for economic growth, particularly in manufacturing and services.  The op-ed responds to a prior op-ed criticizing incentives, which had been published last week. Read More

Repeal of InvestArk Credits Would Reduce Arkansas Manufacturing Competitiveness

Posted On: Friday, January 29, 2016

The repeal of the InvestArk sales tax credit program is under consideration as a revenue raiser to help pay for Arkansas highways.  This program, which provides a sales tax credit for major upgrades of manufacturing equipment and other investments, is critical to the state's competitiveness in retaining manufacturing jobs.  Potentially affected companies need to contact their representatives.  For a detailed explanation, please see our Arkansas Tax Update bulletin authored by Mike Parker.  Read More

Welcome to the Arkansas Tax and Incentives Update

Posted On: Friday, January 01, 2016

Dover Dixon Horne is proud to announce its first blog, the Arkansas Tax and Incentives Update. Leveraging the firm's leadership in the area of Arkansas state and local taxes, this blog will provide Arkansas businesses, taxpayers, and tax professionals with the news and insights needed to stay abreast of developments in the world of Arkansas taxes and incentives. We will cover all forms of Arkansas taxes--income, sales and use, property, and other miscellaneous taxes--as well as state and local economic development incentives. 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


DFA Hearing Calls Party Foul on Restaurant's Tax-Included Drink Pricing - August 8, 2017

Matt Boch to Discuss Tax Legislation and Reform at the Fayetteville Chamber of Commerce - August 2, 2017

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


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