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Residents of Texarkana, Arkansas are exempt from Arkansas income tax; wages and business income earned there by residents of Texarkana, Texas are also exempt. Arkansas's gross receipts tax and compensating tax rate is currently 6%. The state has also mandated that various services be subject to sales tax collection.
This tax is imposed at the same rate as the tax on business income of a resident corporation. [ 72 ] The U.S. also imposes a branch profits tax on foreign corporations with a U.S. branch, to mimic the dividend withholding tax which would be payable if the business was conducted in a U.S. subsidiary corporation and profits were remitted to the ...
The Building & Grounds Division maintains the Arkansas State Capitol and its surrounding grounds and gardens. The Business & Commercial Services Division is responsible for filing liens pursuant to the Uniform Commercial Code, registering business entities and trademarks, collecting the state franchise tax, and licensing notaries public.
Early in the 20th century, it was recognized by some states, initially New Jersey, that the state could cut its tax rate in order to attract more incorporations, and thus bolster tax receipts. [24] Quickly, Delaware emerged as a preferred state of incorporation. [25]
Following reorganization in 2019, Arkansas state government's executive branch contains fifteen cabinet-level departments. Many formerly independent departments were consolidated as "divisions" under newly created departments under a shared services model.
Arkansas Business Publishing Group is a magazine and newspaper publisher based in Little Rock, Arkansas, United States.The company produces a variety of annual, biannual, monthly and weekly publications for various niche audiences in the state, including flagship business weekly newspaper Arkansas Business launched in 1984, monthly Little Rock Family and monthly fashion and philanthropy ...
The financing statement is generally filed with the office of the state secretary of state, in the state where the debtor is located - for an individual, the state where the debtor resides, for most kinds of business organizations the state of incorporation or organization. Many states have a state agency that operates under the secretary of ...
The Central Arkansas Library System (CALS) Encyclopedia of Arkansas is a web-based encyclopedia of the U.S. state of Arkansas, described by the National Endowment for the Humanities (NEH) as "a free, authoritative source of information about the history, politics, geography, and culture of the state of Arkansas." [1]