Code of Arkansas Rules Title 26 — Taxation
26 CAR § 63-103
Withholding rate
# (a)
Corporations, partnerships, and LLCs.
# (1)
In the case of S corporations, general, limited, or limited liability partnerships, and limited liability companies, withholding at the highest income tax rate levied under Arkansas Code §§ 26-51-201 and 26-51-202 is required on the Arkansas portion of the taxable income distributed to each nonresident member.
# (2)
In the case of S corporations paying the tax on behalf of nonresident shareholders or partnerships filing composite returns on behalf of nonresident partners, the nonresident members' withholding can be claimed on the return filed by the S corporation or the partnership.
# (b)
Trusts. With regard to trusts, withholding at the highest income tax rate levied under Arkansas Code §§ 26-51-201 and 26-51-202 is required on the Arkansas portion of the taxable income distributed to each nonresident beneficiary of the trust.
Source: view the official text
In this chapter (11 sections)
- 63-101 · General provisions
- 63-102 · Definitions
- 63-103 · Withholding rate
- 63-104 · Members not subject to withholding
- 63-105 · Withholding not required
- 63-106 · Required reports and due dates
- 63-107 · Extensions of time to file reports
- 63-108 · Credit or refund
- 63-109 · Registration
- 63-110 · Affidavit filing procedures
- 63-111 · Deductions, adjustments, and credits