Apportionment of net income authorized

Ark. Code Ann. § 26-51-702 — under Income Taxes.

Ark. Code Ann. § 26-51-702

Any taxpayer having income from business activity which is taxable both within and without this state, other than activity as a railroad or public utility or the rendering of purely personal services by an individual, shall allocate and apportion his net income as provided in this Act.