Ark. Code § 15-4-3610

Current with legislation from 2024 Fiscal and Special Sessions.
Section 15-4-3610 - Retaliatory tax
(a) An entity claiming a tax credit under this subchapter is not required to pay any additional retaliatory tax levied under § 23-63-102 as a result of claiming the tax credit.
(b) In addition to the exclusion in subsection (a) of this section, it is the intent of this subchapter that an entity claiming a tax credit under this subchapter is not required to pay any additional tax that may arise as a result of claiming the tax credit.

Ark. Code § 15-4-3610

Added by Act 2013, No. 1474,§ 1, eff. 4/22/2013.