income tax
State Tax Revenue Rises 2.9% in October
Gains in corporate income tax and sales tax offset lower individual income tax collections. read more >
Arkansas Ends Fiscal 2025 With $367.9M Surplus as Corporate Tax Collections Fall 28%
The state said storm-related collection delays had a smaller impact on revenue than anticipated. read more >
Forecasting for Effect (Hunter Field Editor’s Note)
This isn’t a column about whether new tax policy decisions were wise; it’s about some frustration with how we got here. read more >
by Hunter Field -
Sanders Calls for Special Session on Tax Cuts, Funding for Game & Fish Commission
The Republican governor proposed cutting the state's top income tax rate from 4.4% to 3.9% and the top corporate rate from 4.8% to 4.3%, effective Jan. 1. read more >
Supreme Court Signals it Will Uphold Tax on Foreign Income and Leave Wealth Tax for Another Day
After two hours of arguments, there seemed to be a consensus on the court to craft a narrow ruling that would avoid what Solicitor General Elizabeth Prelogar said would be "several trillion dollars in lost revenues." read more >
by Associated Press -
Sanders, State Lawmakers Call for $124M Tax Cut Plan
The proposal calls for cutting the state's top individual income tax rate from 4.9% to 4.7% starting this year. read more >
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Arkansas Lawmakers OK Income Tax Cuts, Adjourn Session
Critics argued that the cuts are skewed toward the wealthy and that the money would be better spent elsewhere. read more >
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Arkansas Lawmakers Advance Income Tax Cut During Session
Legislative panels also endorsed incentives aimed at helping the state lure a U.S. Steel expansion in Mississippi County. read more >
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Arkansas Lawmakers Meeting to Take Up Income Tax Cut Plan
The proposal calls for cutting Arkansas' top individual income tax rate from 5.9% to 4.9%. read more >
by Associated Press -
Arkansas Governor to Call Special Session on Tax Cut Plan
The primary focus will be on a tax cut package that calls for reducing the state's top income tax rate from 5.9% to 4.9% read more >
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Arkansas Governor Delays Plans for Session on Tax Cuts
Negotiations continue with lawmakers on how much to reduce. read more >
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