1.26 Ark. Code R. 51-709
All business income of the taxpayer shall be apportioned to Arkansas by use of an apportionment formula. The apportionment formula consists of a fraction of which the numerator is the property factor plus the payroll factor plus double the sales factor and the denominator of which is four (4). A change in the law requires a double weighted sales factor for years beginning on or after 01/01/95. If the denominator is missing in one or more of the three factors, then the denominator of four must be reduced by the number of missing factors. For example, the denominator shall be the same as the number of entries, other than zero, that apply to the total (everywhere) amounts of the property, payroll and sales factors.
Examples 1 & 2 apply to tax years beginning before 01/01/95.
Examples 3 & 4 apply to tax years beginning after 01/01/95.
Example 1:
Example 2:
Example 3:
Example 4:
1.26 Ark. Code R. 51-709