Arkansas Code § 26-51-443 - Allocation of Unstated Interest -- Foregone Interest

(a) Title 26 U.S.C. § 483, as in effect on January 1, 1999, regarding the allocation of unstated interest, is adopted for the purpose of computing Arkansas income tax liability.

(b) Title 26 U.S.C. § 7872, as in effect on January 1, 2007, regarding the taxation of foregone interest on a below-market loan, is adopted for the purpose of computing Arkansas income tax liability.

Section: Previous  26-51-431  26-51-435  26-51-436  26-51-437  26-51-439  26-51-440  26-51-442  26-51-443  26-51-444  26-51-445  26-51-446  26-51-447  26-51-448  26-51-450  26-51-453  Next

Last modified: November 15, 2016