Procedure when allocation does not fairly represent taxpayer's business activity. [Effective January 1, 2021.]

  1. Law
  2. Arkansas Code
  3. Taxation
  4. State Taxes
  5. Income Taxes
  6. Uniform Division of Income for Tax Purposes Act
  7. Procedure when allocation does not fairly represent taxpayer's business activity. [Effective January 1, 2021.]

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If the allocation and apportionment provisions of this Act do not fairly represent the extent of the taxpayer's business activity in this state, the taxpayer may petition for or the Secretary of the Department of Finance and Administration may require, in respect to all or any part of the taxpayer's business activity, if reasonable:


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