Education service cooperatives created under The Education Service Cooperative Act of 1985, § 6-13-1001 et seq., are declared instrumentalities and political subdivisions of the State of Arkansas, and all contributions and donations made to them in any calendar year are deductible from the Arkansas income tax levied by § 26-51-201 et seq.
Structure Arkansas Code
Subchapter 4 - Computation of Tax Liability
§ 26-51-408. Dividends of financial institutions taxable
§ 26-51-415. Deductions — Interest
§ 26-51-416. Deductions — Taxes
§ 26-51-420. Deductions — Education service cooperative contributions
§ 26-51-425. Deductions — Worthless debts
§ 26-51-426. Deductions — Reserve for bad debts or liabilities
§ 26-51-427. Deductions — Net operating loss carryover — Definitions
§ 26-51-436. Deductions — Limitations
§ 26-51-442. Sale of property to comply with conflict-of-interest requirements