Arkansas Administrative Code
Agency 006 - Department of Finance and Administration
Division 05 - Division of Revenues
1998-1 - Comprehensive Corporation Income Tax Regulations
Rule 26-51-205 - CORPORATION INCOME TAX RATES
Rule 1.26-51-205 - Income Tax Rates
Universal Citation: AR Admin Rules 1.26-51-205
Current through Register Vol. 49, No. 9, September, 2024
Every domestic and foreign corporation doing business within Arkansas shall pay a graduated income tax on its entire Arkansas net taxable income based on the following tax rate:
|
first $3,000 of net income |
1.0% |
|
second 3,000 of net income |
2.0% |
|
next 5,000 of net income |
3.0% |
|
next 14,000 of net income |
5.0% |
|
next 75,000 of net income |
6.0% |
|
over 100,000 of net income |
6.5% |
Note: A tax table is provided in each Corporation Income Tax Booklet and should be used in determining the tax.
Examples:
(1) $25,000 through $100,000 Tax is $940 plus 6% of excess over $25,000.
(2) Over $100,000 Tax is $5,440 plus 6.5% of the excess over $100,000.
Disclaimer: These regulations may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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