Code of Arkansas Rules Title 26 — Taxation
26 CAR § 270-105
Recordkeeping
Official textcodeofarrules.arkansas.gov
# (a)
Taxpayers claiming a tax credit for waste reduction, reuse, or recycling equipment shall maintain accurate and timely records for all expenditures relating to such equipment.
# (b)
In order to determine eligibility for the credit or to ensure that the machinery or equipment is being utilized in the required manner, the Division of Environmental Quality shall have the right to inspect facilities and records of a taxpayer requesting or receiving a credit under this section.
Source: view the official text
In this chapter (19 sections)
- 270-101 · Purpose
- 270-102 · Definitions
- 270-103 · Eligible costs
- 270-104 · Ineligible costs
- 270-105 · Recordkeeping
- 270-106 · Eligible applicants
- 270-107 · Application forms
- 270-108 · Credit determination, maximum, and carryforward
- 270-109 · Apportionment of credit
- 270-110 · Refund of credit
- 270-111 · Limitations on other deductions
- 270-201 · Application process
- 270-202 · Deadlines
- 270-203 · Determination of eligibility
- 270-204 · Informal settlement
- 270-205 · Preliminary approval
- 270-206 · Appeal of director’s decision
- 270-301 · Severability
- 270-302 · Effective date