Arkansas Code Title 26, Subtitle 5, Chapter 54 - Arkansas Corporate Franchise Tax Act of 1979

• § 26-54-101 - Title.
  This chapter shall be known and may be cited as the "Arkansas Corporate Franchise Tax Act of 1979".
• § 26-54-102 - Definition.
  (a) As used in this chapter, "corporation" means any corporation, domestic and foreign, active and inactive, which is organized in or qualified under the...
• § 26-54-103 - Effect Upon Prior Rights, Etc.
  This chapter does not affect rights or duties that matured, liabilities or penalties that were incurred, or proceedings begun before January 1, 1980.
• § 26-54-104 - Annual Franchise Tax.
  Unless exempted under § 26-54-105, every corporation shall file an annual franchise tax report and pay an annual franchise tax as follows: (1) (A)...
• § 26-54-105 - Franchise Tax Reports.
  (a) (1) The Secretary of State shall furnish report forms to each corporation subject to the provisions of this chapter by mailing them to...
• § 26-54-106 - [Repealed.]
• § 26-54-107 - Computation of Tax -- Penalty -- Relief.
  (a) The Secretary of State from the information reported and from any other information received by him or her bearing upon the subject shall...
• § 26-54-108 - Taxes and Penalties As Lien.
  The taxes and penalties required to be paid by this chapter shall be a first lien on all property of the corporation, whether or...
• § 26-54-109 - Lists of Corporations to Be Prepared.
  (a) (1) The Bank Commissioner, Insurance Commissioner, and any other officer or agency of the state authorized to issue corporate permits or authorities to...
• § 26-54-110 - Dissolution or Withdrawal by Corporations.
  Applications for dissolution or withdrawal by a corporation, association, or organization cannot be accepted by the authority which initially authorized or granted an authority...
• § 26-54-111 - Charter Forfeiture for Failure to Pay Tax -- Procedure.
  (a) On or before January 31 of each year, the Secretary of State shall proclaim as forfeited the corporate charters or authorities, as the...
• § 26-54-112 - Reinstatement of Corporations.
  (a) (1) (A) (i) Any corporation whose charter or permit authority to do business in the state has been declared forfeited by proclamation of...
• § 26-54-113 - Disposition of Funds.
  (a) All taxes and penalties collected under the provisions of this chapter each month shall be deposited into the State Treasury to the credit...
• § 26-54-114 - Nonpayment of Franchise Taxes.
  (a) No corporation or limited liability company shall be allowed to file any forms or documentation related to that corporation or limited liability company...

Last modified: November 15, 2016