The Tax Reform and Relief Task force continued to pare down the long list of potential tax changes this week. These changes will ultimately comprise their final recommendations, due in September of this year. Some good ideas made it...
Too many corporations, especially those that operate in multiple states or countries, don’t pay their full share of Arkansas corporate income taxes. This is because, unlike more than half of other states, Arkansas has yet to protect itself from...
Arkansas is losing millions in state corporate income taxes every year because of holes in our corporate tax laws. In particular, we lack a “combined reporting” law that would help ensure that large companies pay their fair share of...
Leveling the playing field for small Arkansas businesses was examined this week during a joint meeting of the state Senate and House committees on revenue and taxation. The Arkansas Small Business Tax Fairness Act, sponsored by Rep. Jim Nickels,...
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