Arkansas Administrative Code
Agency 006 - Department of Finance and Administration
Division 05 - Division of Revenues
1998-1 - Comprehensive Corporation Income Tax Regulations
Rule 26-18-505 - EXTENSION OF TIME FOR FILING RETURNS
1.26-18-505(a)(3)(A) - First Ninety Day State Extension

Taxpayers may request a ninety (90) day 'state" extension for filing the Arkansas corporation income tax return from the Corporate Income Tax Section. This request shall be made in writing and on or before the original due date of the return or, if applicable, the due date for the federal return as extended by the IRS's six month automatic extension. Upon receipt by the Department, the extension request will be approved or disapproved and a confirmation will be sent back to the taxpayer. If approved, the confirmation must be attached to the return when filed. An approved extension only extends the filing due date and does not extend the due date for payment of any income tax due. If any tax due is reflected on the filed return but was not paid on or before the original due date, interest at the rate of 10% per annum will be assessed from the original due date until the tax is paid. Likewise, a failure to pay penalty under ACA 26-18-208(2)(A) will apply to any tax not paid on or before the extended due date. Refer to 1. 26-51-807 and 2. 26-51-807 for important related information on "federal" extensions of time. Any federal extensions that have been taken should be applied first; Arkansas (that is, state) extensions should be applied after any federally granted extensions.

Example (without a federal extension):

Calendar year ending 12/31/93, therefore Arkansas return's original due date is 05/15/94. Arkansas extension request must be filed on or before 05/15/94 on Arkansas Form AR1055, stating the reason for the request. If a 90 day extension is granted, the Arkansas return must be filed on or before 08/15/94.