Code of Arkansas Rules Title 26 — Taxation
26 CAR § 270-111
Limitations on other deductions
Official textcodeofarrules.arkansas.gov
A taxpayer who receives a credit under this part shall not be entitled to claim any other state or local tax credit or deduction based on the purchase of the waste reduction, reuse, or recycling equipment, except for the deduction for normal depreciation.
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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