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Code of Arkansas Rules Title 26 — Taxation

26 CAR § 130-137

Nonbusiness income — Allocation of nonbusiness income — Arkansas Code § 26-51-704

Official textcodeofarrules.arkansas.gov

# (a)

Generally, a taxpayer's nonbusiness income will be allocated to the state in which the taxpayer has its commercial domicile (that is, home office or corporate headquarters).

# (b)

However, under certain circumstances, a taxpayer's income from rents, royalties, and capital gains may be allocable to Arkansas even though the taxpayer's commercial domicile is not located in Arkansas.

# (c)

See Arkansas Code §§ 26-51-705 – 26-51-708.

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In this chapter (40 sections)
  1. 130-116 · Exempt organizations — Definitions and guidelines for…
  2. 130-117 · Accounting methods — Arkansas Code § 26-51-401
  3. 130-118 · Basis for determining liability — Arkansas Code § 26-51-402
  4. 130-119 · Gross income generally — Arkansas Code § 26-51-404
  5. 130-120 · Gain or loss — Sales of property — Arkansas Code § 26-51-411
  6. 130-121 · Gain or loss — Exchange of property — Arkansas Code §…
  7. 130-122 · Corporate liquidations — Arkansas Code § 26-51-413
  8. 130-123 · Deferred compensation plans — Savings Incentive Match Plan…
  9. 130-124 · Deductions — State income taxes — Arkansas Code § 26-51-416
  10. 130-125 · Deductions — Charitable contributions — Arkansas Code §…
  11. 130-126 · Deductions — Expenses — Arkansas Code § 26-51-423
  12. 130-127 · Deductions — Losses — Arkansas Code § 26-51-424
  13. 130-128 · Deductions — Worthless debts — Arkansas Code § 26-51-425
  14. 130-129 · Deductions — Reserve for bad debts or liabilities — Bad debt…
  15. 130-130 · Deductions — Net operating loss (NOL) — Arkansas Code §…
  16. 130-131 · Deductions — Depreciation and expensing of property —…
  17. 130-132 · Federal Subchapter M — Federal Subchapter M adopted —…
  18. 130-133 · FASITs — Arkansas Code § 26-51-440
  19. 130-134 · Youth apprenticeship program — Youth apprenticeship credits —…
  20. 130-135 · Multistate business income — Arkansas Code § 26-51-701
  21. 130-136 · Apportionment — Determination of nexus — Arkansas Code §…
  22. 130-137 · Nonbusiness income — Allocation of nonbusiness income —…
  23. 130-138 · Apportionment — Business income — Determining apportionment…
  24. 130-139 · Property factor — Arkansas Code § 26-51-710 [repealed]
  25. 130-140 · Property factor — Valuation of property — Arkansas Code §…
  26. 130-141 · Payroll factor — Arkansas Code § 26-51-713 [repealed]
  27. 130-142 · Sales factor — Arkansas Code § 26-51-715 [repealed]
  28. 130-143 · Sales factor — Other than tangible personal property —…
  29. 130-144 · Modification of apportionment and allocation — Arkansas Code…
  30. 130-145 · Partnership returns — Arkansas Code § 26-51-802
  31. 130-146 · Corporation returns — Arkansas Code § 26-51-804
  32. 130-147 · Consolidated corporate returns — Arkansas Code § 26-51-805
  33. 130-148 · Filing returns — Arkansas Code § 26-51-806
  34. 130-149 · Filing returns — Arkansas Code § 26-51-807
  35. 130-150 · Minimum estimated tax — Generally — Arkansas Code § 26-51-912
  36. 130-151 · Payment of estimated tax — Arkansas Code § 26-51-913
  37. 130-152 · Water conservation incentives — Arkansas Code § 26-51-1001 et…
  38. 130-153 · Donations and sales to educational institutions — Limit on…
  39. 130-154 · Steel mill tax incentives — Arkansas Code § 26-51-1213
  40. 130-155 · Low-income housing — Housing tax credit — Arkansas Code §…
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