Code of Arkansas Rules Title 26 — Taxation
26 CAR § 250-102
Legislation
Official textcodeofarrules.arkansas.gov
(a) The Arkansas Historic Rehabilitation Income Tax Credit Act, Arkansas Code § 26-51-2201 et seq., (Acts 2009, No. 498) allows a credit against the tax imposed by the Income Tax Act of 1929, Arkansas Code § 26-51-101 et seq., and the premium tax levied under Arkansas Code §§ 26-57-603 – 26-57-605 for any taxpayer engaged in the qualified rehabilitation of certified historic structures.
(b) Acts 2015, No. 567, effective March 24, 2015:
(1) Limited the credit to one (1) credit per eligible property per twenty-four-month period; and
(2) Extended the program to December 31, 2027.
Source: view the official text
In this chapter (13 sections)
- 250-101 · Purpose
- 250-102 · Legislation
- 250-103 · Definitions
- 250-104 · Delegation of authority
- 250-105 · Introduction to certifications of eligibility and…
- 250-106 · Certifications of eligibility (Part 1 application)
- 250-107 · Standards for Evaluating Significance within Historic…
- 250-108 · Certifications of proposed rehabilitation (Part 2 application)
- 250-109 · Standards for Rehabilitation
- 250-110 · Certificates of completion (Part 3 application)
- 250-111 · Transfer of credits
- 250-112 · Fees
- 250-113 · Appeals