2.26 Ark. Code R. 51-202(a)
Current through Register Vol. 49, No. 10, October, 2024
Income derived by a nonresident from intangible personal property located within Arkansas is not subject to Arkansas income tax. For example, the interest income earned on a savings account with a bank located in Arkansas by a nonresident account holder would not be subject to Arkansas income tax.
2.26 Ark. Code R. 51-202(a)