1.26 Ark. Code R. 18-406(a)
A taxpayer may seek further relief from the final decision of the hearing officer or the director on a final assessment of a tax deficiency through the courts within thirty (30) days of the issuance of the final assessment. The taxpayer may pay the full deficiency, interest and penalty under protest and file suit for recovery within one (1) year from the date of payment, or file a bond with the director in double the amount of the tax deficiency and file suit within thirty (30) days thereafter to stay the effect of the director's determination. A taxpayer's failure to file suit, diligently prosecute the suit, or pay any tax deficiency and court costs, shall result in the forfeiture of the bond in the amount of the assessment and court costs.
Jurisdiction for suit shall be in Pulaski County Chancery Court or the Chancery court of the county in which the taxpayer resides or has his principle place of business.
1.26 Ark. Code R. 18-406(a)