Section 26-51-918 - Withholding - Deferred income(a)(1) Title 26 U.S.C. § 3405, as in effect on January 1, 2005, regarding withholding from deferred income, is adopted as modified by subdivision (a)(2) of this section.(2) For the purposes of Arkansas withholding tax under this section:(A) The amount of withholding required under 26 U.S.C § 3405(b)(1) shall be three percent (3%); and(B) The amount of withholding required under 26 U.S.C. § 3405(c)(1)(B) shall be five percent (5%).(b) This section shall apply only when the payee is an Arkansas resident.Acts 2005, No. 1309, § 1.