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22,033 sections across 1,018 Arkansas regulatory chapters.
15.8.B.146-146-106 15 CAR § 146-106. Issuance of tax credit
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15 CAR § 146-106. Issuance of tax credit. (a) Upon receipt of the qualified investment, whether through the sale of an equity interest, or the issuance of a convertible debt instrument by the company in exchange for an infusion of cash from the investor, the qualified business sh…
15.8.B.146-146-107 15 CAR § 146-107. Sale or transfer of credit
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15 CAR § 146-107. Sale or transfer of credit. (a)(1) The income tax credits earned under this program may be sold upon approval by the Arkansas Economic Development Commission. (2) Any sale of tax credits through this program must be fully documented by the commission, and that i…
15 CAR § 146-108. Sale or disposition of equity interest
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15 CAR § 146-108. Sale or disposition of equity interest. (a) For the purpose of ascertaining the gain or loss from the sale or other disposition of an equity interest in a business, the owner of the equity interest shall reduce his or her basis in the equity interest by the amou…