Arkansas Supreme Court Opinion Suggests that Taxpayers May Be Unable to Litigate Tax Cases Against DFA

In an extremely troubling nontax opinion, the Arkansas Supreme Court reversed existing case law on sovereign immunity. The apparent implication for taxpayers is to deny the right to sue the state. This would appear to affect taxpayers seeking both postpayment (refund) and prepayment remedies. Potentially affected taxpayers should carefully evaluate their particular situations. [More]

Arkansas Tax Reform Task Force Terminates PFM Group Consultants (After Hearing About Income Tax)

The Tax Reform Task Force heard from its tax consultant PFM Group about individual and corporate income tax policy during its meeting today (January 8, 2018), and in a surprise move it voted to terminate PFM's contract following the presentations. With PFM no longer involved, taxpayers should be especially careful as the Task Force heads toward consideration of substantive policy proposals. [More]