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There is granted a credit against the state income tax liability of an eligible business of seven percent (7%) of the amount of the total project cost of any project, subject to the limit set out in § 26-51-2005.
Structure Arkansas Code
Arkansas Code
Title 26 - Taxation
Subtitle 5 - State Taxes
Chapter 51 - Income Taxes
Subchapter 20 - Manufacturer's Investment Tax Credit Act
§ 26-51-2001. Title
§ 26-51-2002. Definitions
§ 26-51-2004. Credit granted