Code of Arkansas Rules Title 26 — Taxation

26 CAR § 270-104

Ineligible costs

Official textcodeofarrules.arkansas.gov11 subsections

The following costs shall be ineligible for computing the allowable tax credit:

# (1)

Expenditures for land and buildings;

# (2)

Feasibility studies;

# (3)

Engineering costs of buildings;

# (4)

Equipment used to service the waste reduction, reuse, or recycling equipment;

# (5)

Replacement parts which serve only to keep existing waste reduction, reuse, or recycling equipment in its ordinary efficient operating condition;

# (6)

Service contracts;

# (7)

Sales tax;

# (8)

Maintenance;

# (9)

Repairs; and

# (10)

Expenditures for waste reduction, reuse, or recycling equipment for which a tax credit has been previously issued.

In this chapter (19 sections)