§ 26-54-101. Title
This chapter shall be known and may be cited as the “Arkansas Corporate Franchise Tax Act of 1979”.
§ 26-54-103. Effect upon prior rights, etc
This chapter does not affect rights or duties that matured, liabilities or penalties that were incurred, or proceedings begun before January 1, 1980.
§ 26-54-104. Annual franchise tax
Unless exempted under § 26-54-105, every corporation shall file an annual franchise tax report and pay an annual franchise tax as follows: (1) (A) Each life, fire, accident, surety, liability, steam boiler, tornado, health, or other kind of insurance company of whatever nature, having an outstanding capital stock of less than five hundred thousand dollars […]
§ 26-54-105. Franchise tax reports. [Effective May 1, 2021.]
“I declare, under the penalties of perjury, that the foregoing statements are true to the best of my knowledge and belief.”
§ 26-54-105. Franchise tax reports. [Effective until May 1, 2021.]
“I declare, under the penalties of perjury, that the foregoing statements are true to the best of my knowledge and belief.”
§ 26-54-108. Taxes and penalties as lien
The taxes and penalties required to be paid by this chapter shall be a first lien on all property of the corporation, whether or not the property is employed by the corporation in the prosecution of its business or is in the hands of an assignee, receiver, or trustee.
§ 26-54-110. Dissolution or withdrawal by corporations. [Effective May 1, 2021.]
Applications for dissolution or withdrawal by a corporation, association, or organization cannot be accepted by the authority that initially authorized or granted an authority to the corporation to do business in Arkansas until receipt of a statement verified by the Secretary of the Department of Finance and Administration that the franchise tax due has been […]
§ 26-54-110. Dissolution or withdrawal by corporations. [Effective until May 1, 2021.]
Applications for dissolution or withdrawal by a corporation, association, or organization cannot be accepted by the authority which initially authorized or granted an authority to the corporation to do business in Arkansas until receipt of a statement verified by the Secretary of State that the franchise tax due has been paid.
§ 26-54-115. Rules. [Effective May 1, 2021.]
The Secretary of the Department of Finance and Administration may adopt rules to implement and administer this chapter.