Arkansas Code
Subchapter 7 - Uniform Division of Income for Tax Purposes Act
§ 26-51-715. Sales factor. [Repealed effective January 1, 2021.]

The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the tax period, and the denominator of which is the total sales of the taxpayer everywhere during the tax period.

Structure Arkansas Code

Arkansas Code

Title 26 - Taxation

Subtitle 5 - State Taxes

Chapter 51 - Income Taxes

Subchapter 7 - Uniform Division of Income for Tax Purposes Act

§ 26-51-701. Definitions

§ 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 [Repealed effective January 1, 2021.]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 [Repealed effective January 1, 2021.]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 [Repealed effective January 1, 2021.]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 [Repealed effective January 1, 2021.]

§ 26-51-714. Compensation for service — Determination of payment in state. [Repealed effective January 1, 2021.]

§ 26-51-715. Sales factor. [Repealed effective January 1, 2021.]

§ 26-51-716. Sales of tangible personal property

§ 26-51-717. Sales — Income-producing activity

§ 26-51-718. Procedure when allocation does not fairly represent taxpayer's business activity. [Effective until January 1, 2021.]

§ 26-51-718. Procedure when allocation does not fairly represent taxpayer's business activity. [Effective January 1, 2021.]

§ 26-51-719. Construction

§ 26-51-720. Severability

§ 26-51-721. Repealer

§ 26-51-722. Effective date

§ 26-51-723. Legislative findings — Emergency