Arkansas Administrative Code
Agency 006 - Department of Finance and Administration
Division 05 - Division of Revenues
1998-1 - Comprehensive Corporation Income Tax Regulations
Rule 26-51-704 - NONBUSINESS INCOME
Rule 1.26-51-704 - Allocation of Nonbusiness Income
Universal Citation: AR Admin Rules 1.26-51-704
Current through Register Vol. 49, No. 9, September, 2024
Generally, a taxpayer's nonbusiness income will be allocated to the state in which the taxpayer has its commercial domicile (that is, home office or corporate headquarters). However, under certain circumstances, a taxpayer's income from rents, royalties and capital gains may be allocable to Arkansas even though the taxpayer's commercial domicile is not located in Arkansas. See ACA 26-51-705 through 26-51-708.
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
