On November 10, Governor Hutchinson announced several tax proposals for his legislative agenda as part of the FYE 2022 budget (Arkansas’s fiscal year runs from July to June). These proposals — and the overall budgetary context — set the agenda for the upcoming legislative session where fiscal space
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AEDC Proposes Updates to Consolidated Incentives Rules
The Arkansas Economic Development Commission has proposed a number of revisions to its Consolidated Incentives Act rules. These proposed changes generally implement the numerous changes made by Act 327 of 2019, which was a once-in-a-decade updating of the Consolidated…
AEDC Proposes Updates to Consolidated Incentives Rules
The Arkansas Economic Development Commission has proposed a number of revisions to its Consolidated Incentives Act rules. These proposed changes generally implement the numerous changes made by Act 327 of 2019, which was a once-in-a-decade updating of the Consolidated…
Register for the 2020 Arkansas Tax Conference on November 17!
The agenda is up and registration is open for the Arkansas State Chamber of Commerce’s 2020 Arkansas Tax Conference! You can attend virtually or in person. Attendees will learn about developments and hot topics for Arkansas taxpayers and preview proposals for the upcoming 2021 legislative…
Retirement and Reshuffling of Arkansas DFA Administrators
We recently saw a notable retirement at the Department of Finance and Administration: Tom Atchley, the longstanding Administrator of Sales and Use Tax, has retired. Tom has been well known and regarded for expertise in transaction tax matters, including work…
Retirement and Reshuffling of Arkansas DFA Administrators
We recently saw a notable retirement at the Department of Finance and Administration: Tom Atchley, the longstanding Administrator of Sales and Use Tax, has retired. Tom has been well known and regarded for expertise in transaction tax matters, including work…
Court of Appeals Takes Broad Read of County Court Property Tax Exclusive Original Jurisdiction
The recent Court of Appeals decision in David L. Eddy, P.A. v. Haley, 2020 Ark. App. 430 (Sept. 23, 2020), continues a trend of Arkansas courts recognizing county courts as judicial venues with broad jurisdiction over property tax cases. Taxpayers…
Court of Appeals Takes Broad Read of County Court Property Tax Exclusive Original Jurisdiction
The recent Court of Appeals decision in David L. Eddy, P.A. v. Haley, 2020 Ark. App. 430 (Sept. 23, 2020), continues a trend of Arkansas courts recognizing county courts as judicial venues with broad jurisdiction over property tax cases. Taxpayers…
DFA Updated COVID-19 FAQ Advises Taxability of Arkansas Ready for Business Grants
The Arkansas Department of Finance and Administration (DFA) has updated its “Frequently Asked Questions Regarding the Impact of Coronavirus (COVID-19)” (rev. Sept. 18, 2020) to specify that receipt of an Arkansas Ready for Business grant is taxable income for Arkansas income tax…
DFA Updated COVID-19 FAQ Advises Taxability of Arkansas Ready for Business Grants
The Arkansas Department of Finance and Administration (DFA) has updated its “Frequently Asked Questions Regarding the Impact of Coronavirus (COVID-19)” (rev. Sept. 18, 2020) to specify that receipt of an Arkansas Ready for Business grant is taxable income for Arkansas income tax…