All business income shall be apportioned to this state by multiplying the income by a fraction, the numerator of which is the property factor plus the payroll factor plus double the sales factor, and the denominator of which is four.
Structure Arkansas Code
Subchapter 7 - Uniform Division of Income for Tax Purposes Act
§ 26-51-702. Apportionment of net income authorized
§ 26-51-703. Taxpayer taxable in another state
§ 26-51-704. Nonbusiness income
§ 26-51-707. Interest and dividends
§ 26-51-709. Business income. [Effective until January 1, 2021.]
§ 26-51-709. Business income. [Effective January 1, 2021.]
§ 26-51-710. Real and tangible personal property — Factor. [Repealed effective January 1, 2021.]
§ 26-51-711. Original cost of property — Annual rental rate. [Repealed effective January 1, 2021.]
§ 26-51-712. Average value of property. [Repealed effective January 1, 2021.]
§ 26-51-713. Payroll factor. [Repealed effective January 1, 2021.]
§ 26-51-715. Sales factor. [Repealed effective January 1, 2021.]
§ 26-51-716. Sales of tangible personal property