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

Arkansas Tax and Incentives Update

Arkansas Tax Reform Task Force Takes on Sales, Use and Excise Taxes

Posted On: Wednesday, November 08, 2017

The Tax Reform Task Force heard from its tax consultant PFM Group on sales tax and excise tax policy during its meetings on November 7 and 8, 2017. The sales tax advice generally followed conventional wisdom on best practices: Broaden the base, avoid taxing business inputs, and scrutinize the justifications for sales tax exemptions on consumption items. The excise tax discussion was a systematic review of the various existing and potential excise taxes. In hearing PFM’s presentations and considering the taxes, legislators were eager to identify revenue sources that could pay for income tax cuts.
 Read More

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

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

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


Go Back

Subscribe


Click here to subscribe

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


Tag Cloud



Tag List