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51 chapters · 1,813 sections in this title.
Ark. Code Ann. § 26-65-101 Title
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This chapter shall be known and may be cited as the “Elective Pass-Through Entity Tax Act”.
Ark. Code Ann. § 26-65-102 Definitions
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(1) As used in this chapter:(1) “Affected business entity” means a business entity in which members that hold more than fifty percent (50%) of the voting rights in the business entity elect on an annual basis before the due date or extended due date of the business entity's incom…
Ark. Code Ann. § 26-65-103 Pass-through entity tax
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(a) Before the fifteenth day of the fourth month of the taxable year, an affected business entity shall pay to the Secretary of the Department of Finance and Administration the tax determined under this section. (b) (1) (A) Except as provided in subdivision (b)(1)(B) of this sect…
Ark. Code Ann. § 26-65-104 Liability for tax
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(a) Except as otherwise provided in this section, an affected business entity is liable for the tax imposed under this chapter. (b) If an affected business entity fails to pay the full amount of tax due under this chapter, the Secretary of the Department of Finance and Administra…