Section 26-51-443 - Allocation of unstated interest - Foregone interest(a) Title 26 U.S.C. § 483, as in effect on January 1, 1999, regarding the allocation of unstated interest, is adopted for the purpose of computing Arkansas income tax liability.(b) Title 26 U.S.C. § 7872, as in effect on January 1, 2019, regarding the taxation of foregone interest on a below-market loan, is adopted for the purpose of computing Arkansas income tax liability.Amended by Act 2019, No. 870,§ 13, eff. for tax years beginning on or after 1/1/2019.Acts 1993, No. 785, § 10; 1997, No. 951, § 18; 1999, No. 1126, § 37; 2007, No. 218, § 32.