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

Arkansas Tax and Incentives Update

Caution! Income Tax Apportionment Bill (MTC UDITPA Amendments) Advancing Quickly

Posted On: Thursday, March 09, 2017

Among the hundreds of bills filed on the March 6 deadline was HB2100, sponsored by House Revenue & Taxation Committee Chair Joe Jett. This is a Department of Finance and Administration bill that takes up the model amendments to the Uniform Division for Income Tax Purposes Act (UDITPA) that were adopted by the Multistate Tax Commission (MTC) in 2015. The legislation makes significant changes to Arkansas apportionment, particularly for receipts from services and intangibles. The expansion of the throwback rule and the adoption of a throwout rule particularly stand out for concern. Any affected taxpayers interested in adjusting the bill should act soon: the legislation already has moved out of the House Revenue & Taxation Committee and could be heard on the House floor next week. Read More

Arkansas Tax Legislation Update: Governor's Tax Cuts, Digital Goods, and More

Posted On: Wednesday, January 25, 2017

With the legislative session in full swing, some updates on Arkansas tax legislation:
 Read More


Go Back

Subscribe


Click here to subscribe

Recent Posts


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

Tax Reform Task Force Selects PFM as Outside Consultant - September 7, 2017

Matt Boch to Speak at Arkansas Sales and Use Tax for Manufacturers Seminar - September 5, 2017


Tag Cloud



Tag List