Dividends of financial institutions taxable
ArkansasStatutes
Ask Donna
How this section applies to your facts.
AR Code › Title 26 › Chapter 51 › Subchapter 4 › Section 26-51-408
Text
Dividends paid on shares of stock of financial institutions shall be subject to income tax under the Income Tax Act of 1929, § 26-51-101 et seq., on the same basis as dividends on shares of stock of business corporations. Acts 1973, No. 182, § 4; A.S.A. 1947, § 84-2008.2.
Dividends paid on shares of stock of financial institutions shall be subject to income tax under the Income Tax Act of 1929, § 26-51-101 et seq., on the same basis as dividends on shares of stock of business corporations.
Acts 1973, No. 182, § 4; A.S.A. 1947, § 84-2008.2.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.