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Controlling Your Taxes Your State Tax Obligations Arkansas Taxes on Business Income in Arkansas
Controlling Your Taxes Your State Tax Obligations Arkansas Taxes on Business Income in Arkansas
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PrintTaxes on Business Income in Arkansas
The following are the major types of income taxes that will affect small businesses. Our intent is to give you a general understanding of when the various taxes will apply to you and what they will mean to your business.
- Franchise tax is required from most corporations doing business in Arkansas.
- Income tax on business income is computed at rates of 1 percent to 6.5 percent of corporate taxable net income in Arkansas.
- Personal income tax is computed at rates of 1 percent to 7 percent of taxable individual income in Arkansas.
