Statutes, codes, and regulations
Arkansas Administrative Code
Agency 006 - Department of Finance and AdministrationDivision 05 - Division of RevenuesComprehensive Corporation Income Tax Regulations
Rule 26-51-1001 - WATER CONSERVATION INCENTIVES
Rule 1.26-51-1010(d) - Multiple Credits

1.26 Ark. Code R. 51-1010(d)

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Current through Register Vol. 49, No. 10, October, 2024
Rule 1.26-51-1010(d) - Multiple Credits

If a taxpayer is claiming more that one (1) water conservation income tax credit, the taxpayer should specify on its return the order in which the credits should be applied. If no such specification is made, the Department will apply the credits in the order which would be of best advantage to the taxpayer.

1.26 Ark. Code R. 51-1010(d)