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Arkansas General Assembly· SB 567Notification that SB567 is now Act 719

An act TO AMEND THE MULTISTATE TAX COMPACT AND THE 10 UNIFORM DIVISION OF INCOME FOR TAX PURPOSES ACT, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas             A Bill
2 95th General Assembly

3 Regular Session, 2025                                           SENATE BILL 567

4

5 By: Senator Crowell

6 By: Representative R. Burkes

7

8                               For An Act To Be Entitled

9             AN ACT TO AMEND THE MULTISTATE TAX COMPACT AND THE

10            UNIFORM DIVISION OF INCOME FOR TAX PURPOSES ACT; TO

11            AMEND AND MODERNIZE THE LAW CONCERNING THE

12            APPORTIONMENT OF INCOME DERIVED FROM MULTISTATE

13            OPERATIONS; TO CHANGE THE METHOD FOR SOURCING OF

14            RECEIPTS FOR SERVICES AND INTANGIBLES FROM COST OF

15            PERFORMANCE TO MARKET-BASED SOURCING; AND FOR OTHER

16            PURPOSES.

17

18

19                              Subtitle

20                       TO AMEND AND MODERNIZE THE LAW

21                       CONCERNING THE APPORTIONMENT OF INCOME

22                       DERIVED FROM MULTISTATE OPERATIONS; AND

23                       TO CHANGE THE METHOD FOR SOURCING OF

24                       RECEIPTS FOR SERVICES AND INTANGIBLES.

25

26 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

27

28  SECTION 1. Arkansas Code � 26-5-101, Article IV, concerning the

29 division of income under the Multistate Tax Compact, is amended to read as

30 follows:

31                              ARTICLE IV

32                              Division of Income

33

34                       1. As used in this Article, unless the context otherwise

35 requires:

36                              (a) "Business income" means income arising from

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1 transactions and activity in the regular course of the taxpayer's trade or

2 business and includes income from tangible and intangible property if the

3 acquisition, management, and disposition of the property constitute integral

4 parts of the taxpayer's regular trade or business operation "Apportionable

5 income" means:

6                      (1) All income that is apportionable under the

7 United States Constitution and is not allocated under the laws of this state,

8 including:

9                                     (A) Income arising from transactions and

10 activity in the regular course of the taxpayer's trade or business; and

11                                    (B) Income arising from tangible and

12 intangible property if the acquisition, management, employment, development,

13 or disposition of the property is or was related to the operation of the

14 taxpayer's trade or business; and

15                     (2) Any income that would be allocable to this

16 state under the United States Constitution, but that is apportioned rather

17 than allocated pursuant to the laws of this state;

18                     (b) "Commercial domicile" means the principal place

19 from which the trade or business of the taxpayer is directed or managed;

20                     (c) "Compensation" means wages, salaries,

21 commissions, and any other form of remuneration paid to employees for

22 personal services;

23                     (d) [Repealed.]

24                     (e) "Nonbusiness Nonapportionable income" means all

25 income other than business apportionable income;

26                     (f) "Public utility" means any business entity (1)

27 which owns or operates any plant, equipment, property, franchise, or license

28 for the transmission of communications, transportation of goods or persons,

29 except by pipeline, or the production, transmission, sale, delivery, or

30 furnishing of electricity, water, or steam; and (2) whose rates of charges

31 for goods or services have been established or approved by a federal, state,

32 or local government or governmental agency;

33                     (g) "Sales" "Receipts" means all gross receipts of

34 the taxpayer not allocated under paragraphs 4 through 8 of this article and

35 that are received from transactions and activity in the regular course of the

36 taxpayer's trade or business; except that receipts of a taxpayer from hedging

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1 transactions and from the maturity, redemption, sale, exchange, loan or other

2 disposition of cash or securities shall be excluded;

3                       (h) "State" means any state of the United States,

4 the District of Columbia, the Commonwealth of Puerto Rico, any territory or

5 possession of the United States, and any foreign country or political

6 subdivision thereof;

7                       (i) "This state" means the state in which the

8 relevant tax return is filed or, in the case of application of this article

9 to the apportionment and allocation of income for local tax purposes, the

10 subdivision or local taxing district in which the relevant tax return is

11 filed State of Arkansas.

12              2. Any taxpayer having income from business activity

13 which is taxable both within and without this state, other than activity as a

14 railroad or public utility or the rendering of purely personal services by an

15 individual, shall allocate and apportion his net income as provided in this

16 article. If a taxpayer has income from business activity as a public utility

17 but derives the greater percentage of his income from activities subject to

18 this article, the taxpayer may elect to allocate and apportion his entire net

19 income as provided in this article.

20              3. For purposes of allocation and apportionment of income

21 under this article, a taxpayer is taxable in another state if (1) in that

22 state he the taxpayer is subject to a net income tax, a franchise tax

23 measured by net income, a franchise tax for the privilege of doing business,

24 or a corporate stock tax, or (2) that state has jurisdiction to subject the

25 taxpayer to a net income tax regardless of whether, in fact, the state does

26 or does not or any other tax measured by income or other measure of business

27 activity in the state and the taxpayer files the requisite tax return in the

28 other state, or (2) the state has no net income tax, franchise tax measured

29 by net income, or any other tax measured by income or other measure of

30 business activity in the state as provided in this section and the taxpayer

31 has activities in the other state that exceed those protected by 15 U.S.C. ��

32 381 -- 384.

33              4. Rents and royalties from real or tangible personal

34 property, capital gains, interest, dividends, or patent or copyright

35 royalties, to the extent that they constitute nonbusiness nonapportionable

36 income, shall be allocated as provided in paragraphs 5 through 8 of this

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1 article.

2            5.(a) Net rents and royalties from real property located

3 in this state are allocable to this state.

4            (b) Net rents and royalties from tangible personal

5 property are allocable to this state: (1) if and to the extent that the

6 property is utilized in this state, or (2) in their entirety if the

7 taxpayer's commercial domicile is in this state and the taxpayer is not

8 organized under the laws of or taxable in the state in which the property is

9 utilized.

10           (c) The extent of utilization of tangible personal

11 property in a state is determined by multiplying the rents and royalties by a

12 fraction, the numerator of which is the number of days of physical location

13 of the property in the state during the rental or royalty period in the

14 taxable year and the denominator of which is the number of days of physical

15 location of the property everywhere during all rental or royalty periods in

16 the taxable year. If the physical location of the property during the rental

17 or royalty period is unknown or unascertainable by the taxpayer, tangible

18 personal property is utilized in the state in which the property was located

19 at the time the rental or royalty payer obtained possession.

20           6.(a) Capital gains and losses from sales of real property

21 located in this state are allocable to this state.

22           (b) Capital gains and losses from sales of tangible

23 personal property are allocable to this state if (1) the property had a situs

24 in this state at the time of the sale, or (2) the taxpayer's commercial

25 domicile is in this state and the taxpayer is not taxable in the state in

26 which the property had a situs.

27           (c) Capital gains and losses from sales of

28 intangible personal property are allocable to this state if the taxpayer's

29 commercial domicile is in this state.

30           7. Interest and dividends are allocable to this state if

31 the taxpayer's commercial domicile is in this state.

32           8.(a) Patent and copyright royalties are allocable to this

33 state: (1) if and to the extent that the patent or copyright is utilized by

34 the payer in this state, or (2) if and to the extent that the patent

35 copyright is utilized by the payer in the state in which the taxpayer is not

36 taxable and the taxpayer's commercial domicile is in this state.

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1                          (b) A patent is utilized in a state to the extent

2 that it is employed in production, fabrication, manufacturing, or other

3 processing in the state or to the extent that a patented product is produced

4 in the state. If the basis of receipts from patent royalties does not permit

5 allocation to states or if the accounting procedures do not reflect states of

6 utilization, the patent is utilized in the state in which the taxpayer's

7 commercial domicile is located.

8                          (c) A copyright is utilized in a state to the

9 extent that printing or other publication originates in the state. If the

10 basis of receipts from copyright royalties does not permit allocation to

11 states or if the accounting procedures do not reflect states of utilization,

12 the copyright is utilized in the state in which the taxpayer's commercial

13 domicile is located.

14  9. For the tax year beginning January 1, 2021, all

15 business All apportionable income shall be apportioned to this state by

16 multiplying the income by a fraction, the numerator of which is the total

17 sales receipts of the taxpayer in this state during the tax period and the

18 denominator of which is the total sales receipts of the taxpayer everywhere

19 during the tax period.

20  10. [Repealed.]

21  11. [Repealed.]

22  12. [Repealed.]

23  13. [Repealed.]

24  14. [Repealed.]

25  15. [Repealed.]

26  16. Sales Receipts from the sale of tangible personal

27 property are in this state if:

28                         (a) The property is delivered or shipped to a

29 purchaser within this state regardless of the f.o.b. point or other

30 conditions of the sale; or

31                         (b) The property is shipped from an office, store,

32 warehouse, factory, or other place of storage in this state and the taxpayer

33 is not taxable in the state of the purchaser, in which case the sales

34 receipts shall be sourced as follows:

35                                 (1) For the tax year beginning on January 1,

36 2024, sales receipts shall be sourced eighty-five and seventy-one hundredths

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1 percent (85.71%) within this state and fourteen and twenty-nine hundredths

2 percent (14.29%) outside this state;

3                       (2) For the tax year beginning on January 1,

4 2025, sales receipts shall be sourced seventy-one and forty-two hundredths

5 percent (71.42%) within this state and twenty-eight and fifty-eight

6 hundredths percent (28.58%) outside this state;

7                       (3) For the tax year beginning on January 1,

8 2026, sales receipts shall be sourced fifty-seven and thirteen hundredths

9 percent (57.13%) within this state and forty-two and eighty-seven hundredths

10 percent (42.87%) outside this state;

11                      (4) For the tax year beginning on January 1,

12 2027, sales receipts shall be sourced forty-two and eighty-four hundredths

13 percent (42.84%) within this state and fifty-seven and sixteen hundredths

14 percent (57.16%) outside this state;

15                      (5) For the tax year beginning on January 1,

16 2028, sales receipts shall be sourced twenty-eight and fifty-five hundredths

17 percent (28.55%) within this state and seventy-one and forty-five hundredths

18 percent (71.45%) outside this state;

19                      (6) For the tax year beginning on January 1,

20 2029, sales receipts shall be sourced fourteen and twenty-six hundredths

21 percent (14.26%) within this state and eighty-five and seventy-four

22 hundredths percent (85.74%) outside this state; and

23                      (7) For tax years beginning on or after

24 January 1, 2030, sales receipts shall be sourced one hundred percent (100%)

25 outside this state.

26                  17. Sales, other than sales of tangible personal

27 property, are in this state if:

28                      (a) The income-producing activity is performed in

29 this state; or

30                      (b) The income-producing activity is performed both

31 in and outside this state and a greater proportion of the income-producing

32 activity is performed in this state than in any other state, based on costs

33 of performance.

34                      (a) Receipts, other than receipts described in

35 subsection 16 of this section, are in this state if the taxpayer's market for

36 the sales is in this state. The taxpayer's market for sales is in this state:

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1                      (1) In the case of sale, rental, lease, or

2 license of real property, if and to the extent the property is located in

3 this state;

4                      (2) In the case of rental, lease, or license

5 of tangible personal property, if and to the extent the property is located

6 in this state;

7                      (3) In the case of sale of a service, if and

8 to the extent the service is delivered to a location in this state; and

9                      (4) In the case of intangible property:

10                                      (A) That is rented, leased, or licensed,

11 if and to the extent the property is used in this state, provided that

12 intangible property utilized in marketing a good or service to a consumer is

13 used in this state if that good or service is purchased by a consumer who is

14 in this state; and

15                                      (B) That is sold, if and to the extent

16 the property is used in this state, provided that:

17                                         (i) A contract right, government

18 license, or similar intangible property that authorizes the holder to conduct

19 a business activity in a specific geographic area is used in this state if

20 the geographic area includes all or part of this state;

21                                         (ii) Receipts from intangible

22 property sales that are contingent on the productivity, use, or disposition

23 of the intangible property shall be treated as receipts from the rental,

24 lease, or licensing of such intangible property under subsection

25 17(a)(4)(B)(i) of this article; and

26                                         (iii) All other receipts from a

27 sale of intangible property shall be excluded from the numerator and

28 denominator of the receipts factor.

29                     (b) If the state or states of assignment under

30 subsection 17(a) of this article cannot be determined, the state or states of

31 assignment shall be reasonably approximated.

32                     (c) If the taxpayer is not taxable in a state to

33 which a receipt is assigned under subsection 17(a) or subsection 17(b) of

34 this article, or if the state of assignment cannot be determined under

35 subsection 17(a) of this article or reasonably approximated under subsection

36 17(b) of this article, such receipt shall be excluded from the denominator of

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1 the receipts factor.

2                       (d) The Secretary of the Department of Finance and

3 Administration may prescribe rules as necessary or appropriate to carry out

4 the purposes of this article.

5                       (e)(1) Notwithstanding subsection 17(a) of this

6 article, a person that is principally engaged in the sale of

7 telecommunications service, mobile telecommunications service, internet

8 access service, cable television service, community antenna television

9 service, or direct-to-home satellite television programming service, or a

10 combination of these services, may elect to source sales under this

11 subsection 17(e) for tax years beginning on or after January 1, 2026, but

12 before December 31, 2035.

13                               (2) An election under this subsection 17(e)

14 shall be made on the taxpayer's return for the first tax year for which the

15 taxpayer is eligible for the election, and once made, an election under this

16 subsection 17(e) cannot be changed for subsequent years without approval in

17 writing by the secretary.

18                               (3) Under this subsection 17(e), sales, other

19 than sales described in subsection 16 of this article, are in this state if:

20                                 (A) The income-producing activity is

21 performed in this state; or

22                                 (B) The income-producing activity is

23 performed both in and outside this state and a greater proportion of the

24 income-producing activity is performed in this state than in any other state,

25 based on costs of performance.

26  18.(a) If the allocation and apportionment provisions of

27 this Article do not fairly represent the extent of the taxpayer's business

28 activity in this state, the taxpayer may petition for or the tax

29 administrator secretary may require, in respect to all or any part of the

30 taxpayer's business activity, if reasonable:

31                               (a)(1) Separate accounting;

32                               (b)(2) The inclusion of one (1) or more

33 additional factors which will fairly represent the taxpayer's business

34 activity in this state; or

35                               (c)(3) The employment of any other method to

36 effectuate an equitable allocation and apportionment of the taxpayer's

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1 income.

2                          (b)(1) If the allocation and apportionment

3 provisions of this article do not fairly represent the extent of business

4 activity in this state of taxpayers engaged in a particular industry or in a

5 particular transaction or activity, the secretary, in addition to the

6 authority provided in subsection 18(a) of this article, may establish

7 appropriate rules for determining alternative allocation and apportionment

8 methods for the taxpayers.

9                               (2) A rule adopted under this subsection 18(b)

10 shall be applied uniformly, except that with respect to any taxpayer to which

11 the rule applies, the taxpayer may petition for or the secretary may require

12 an adjustment under subsection 18(a) of this article.

13                         (c) The party petitioning for or the secretary

14 requiring the use of any method to effectuate an equitable allocation and

15 apportionment of the taxpayer's income under subsection 18(a) of this article

16 shall prove that the:

17                              (1) Allocation and apportionment provisions of

18 this article do not fairly represent the extent of the taxpayer's business

19 activity in this state; and

20                              (2) Alternative to the allocation and

21 apportionment provisions of this article is reasonable.

22                         (d) The same burden of proof shall apply whether the

23 taxpayer is petitioning for or the secretary is requiring the use of any

24 reasonable method to effectuate an equitable allocation and apportionment of

25 the taxpayer's income.

26                         (e) Notwithstanding subsection 18(d) of this

27 article, if the secretary demonstrates that in any two (2) of the prior five

28 (5) tax years, the taxpayer used an allocation or apportionment method at

29 variance with the allocation or apportionment method or methods the taxpayer

30 used for the other tax years, then the secretary shall not bear the burden of

31 proof in imposing a different allocation or apportionment method under

32 subsection 18(a) of this article.

33                         (f) If the secretary requires a different allocation

34 or apportionment method under subsection 18(a) of this article to effectuate

35 an equitable allocation and apportionment of the taxpayer's income, the

36 secretary shall not impose a civil or criminal penalty with reference to the

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1 tax due that is attributable to the taxpayer's reasonable reliance solely on

2 the allocation and apportionment provisions of this article.

3              (g) A taxpayer that has received written permission

4 from the secretary to use a reasonable method of allocation or apportionment

5 to effectuate an equitable allocation and apportionment of the taxpayer's

6 income shall not have that permission revoked with respect to transactions

7 and activities that have already occurred unless there has been a material

8 change in or a material misrepresentation of the facts provided by the

9 taxpayer upon which the secretary reasonably relied.

10

11  SECTION 2. Arkansas Code � 26-51-202, concerning the income taxation of

12 nonresidents, is amended to add an additional subsection to read as follows:

13  (f) The income of a nonresident corporation or partnership with no

14 physical presence in the state through real or personal property, employees,

15 agents, representatives, or otherwise shall be subject to tax under this

16 chapter if the nonresident's Arkansas receipts under �� 26-51-701 -- 26-51-718

17 exceed two hundred fifty thousand dollars ($250,000) for the current or the

18 immediately preceding tax year.

19

20  SECTION 3. Arkansas Code � 26-51-701 is amended to read as follows:

21  26-51-701. Definitions.

22  As used in this Act, unless the context otherwise requires:

23             (a) "Business income" means income arising from transactions and

24 activity in the regular course of the taxpayer's trade or business and

25 includes income from tangible and intangible property if the acquisition,

26 management, and disposition of the property constitute integral parts of the

27 taxpayer's regular trade or business operations "Apportionable income" means:

28             (1) All income that is apportionable under the United

29 States Constitution and is not allocated under the laws of this state,

30 including:

31             (A) income arising from transactions and activity in

32 the regular course of the taxpayer's trade or business; and

33             (B) income arising from tangible and intangible

34 property if the acquisition, management, employment, development, or

35 disposition of the property is or was related to the operation of the

36 taxpayer's trade or business; and

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1   (2) Any income that would be allocable to this state under

2 the United States Constitution, but that is apportioned rather than allocated

3 pursuant to the laws of this state.

4   (b) "Commercial domicile" means the principal place from which

5 the trade or business of the taxpayer is directed or managed.

6   (c) "Compensation" means wages, salaries, commissions, and any

7 other form of remuneration paid to employees for personal services.

8   (d) [Repealed.]

9   (e) "Nonbusiness Nonapportionable income" means all income other

10 than business apportionable income.

11  (f) "Public utility" means any business entity which owns or

12 operates for public use any plant, equipment, property, franchise, or license

13 for the transmission of communications, transportation of goods or persons,

14 or the production, storage, transmission, sale, delivery, or furnishing of

15 electricity, water, steam, oil, oil products, or gas.

16  (g) "Sales" "Receipts" means all gross receipts of the taxpayer

17 not allocated under �� 26-51-704 -- 26-51-708 and that are received from

18 transactions and activity in the regular course of the taxpayer's trade or

19 business; except that receipts of a taxpayer from hedging transactions and

20 from the maturity, redemption, sale, exchange, loan, or other disposition of

21 cash or securities shall be excluded.

22  (h) "State" means any state of the United States, the District

23 of Columbia, the Commonwealth of Puerto Rico, any territory or possession of

24 the United States, and any foreign country or political subdivision thereof.

25  (i) "This state" means the State of Arkansas.

26

27  SECTION 4. Arkansas Code � 26-51-704 is amended to read as follows:

28  26-51-704. Nonbusiness Nonapportionable income.

29  Rents and royalties from real or tangible personal property, capital

30 gains, interest, dividends, or patent or copyright royalties, to the extent

31 that they constitute nonbusiness nonapportionable income, shall be allocated

32 as provided in �� 26-51-705 -- 26-51-708.

33

34  SECTION 5. Arkansas Code � 26-51-709 is amended to read as follows:

35  26-51-709. Business Apportionable income.

36  For the tax year beginning January 1, 2021, all business All

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1 apportionable income shall be apportioned to this state by multiplying the

2 income by a fraction, the numerator of which is the total sales receipts of

3 the taxpayer in this state during the tax period and the denominator of which

4 is the total sales receipts of the taxpayer everywhere during the tax period.

5

6   SECTION 6. Arkansas Code �� 26-51-716 -- 26-51-718 are amended to read

7 as follows:

8   26-51-716. Sales Receipts from sales of tangible personal property.

9   Sales Receipts from sales of tangible personal property are in this

10 state if:

11             (a) the property is delivered or shipped to a purchaser within

12 this state regardless of the f.o.b. point or other conditions of the sale; or

13             (b) the property is shipped from an office, store, warehouse,

14 factory, or other place of storage in this state and the taxpayer is not

15 taxable in the state of the purchaser, in which case the sales receipts shall

16 be sourced as follows:

17             (1) For the tax year beginning on January 1, 2024, sales

18 receipts shall be sourced eighty-five and seventy-one hundredths percent

19 (85.71%) within this state and fourteen and twenty-nine hundredths percent

20 (14.29%) outside this state;

21             (2) For the tax year beginning on January 1, 2025, sales

22 receipts shall be sourced seventy-one and forty-two hundredths percent

23 (71.42%) within this state and twenty-eight and fifty-eight hundredths

24 percent (28.58%) outside this state;

25             (3) For the tax year beginning on January 1, 2026, sales

26 receipts shall be sourced fifty-seven and thirteen hundredths percent

27 (57.13%) within this state and forty-two and eighty-seven hundredths percent

28 (42.87%) outside this state;

29             (4) For the tax year beginning on January 1, 2027, sales

30 receipts shall be sourced forty-two and eighty-four hundredths percent

31 (42.84%) within this state and fifty-seven and sixteen hundredths percent

32 (57.16%) outside this state;

33             (5) For the tax year beginning on January 1, 2028, sales

34 receipts shall be sourced twenty-eight and fifty-five hundredths percent

35 (28.55%) within this state and seventy-one and forty-five hundredths percent

36 (71.45%) outside this state;

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1             (6) For the tax year beginning on January 1, 2029, sales

2 receipts shall be sourced fourteen and twenty-six hundredths percent (14.26%)

3 within this state and eighty-five and seventy-four hundredths percent

4 (85.74%) outside this state; and

5             (7) For tax years beginning on or after January 1, 2030,

6 sales receipts shall be sourced one hundred percent (100%) outside this

7 state.

8

9          26-51-717. Sales -- Income-producing activity Receipts -- Market for

10 sales.

11         Sales, other than sales of tangible personal property, are in this

12 state if:

13            (a) the income-producing activity is performed in this state; or

14            (b) the income-producing activity is performed both within and

15 without the state, in which event the portion of income allocable to this

16 state shall be the percentage that is used in the formula for allocating

17 income to Arkansas during the year of the sale.

18         (a) Receipts, other than receipts of sales of tangible personal

19 property, are in this state if the taxpayer's market for the sales is in this

20 state. The taxpayer's market for sales is in this state:

21            (1) in the case of sale, rental, lease, or license of real

22 property, if and to the extent the property is located in this state;

23            (2) in the case of rental, lease, or license of tangible

24 personal property, if and to the extent the property is located in this

25 state;

26            (3) in the case of sale of a service, if and to the extent the

27 service is delivered to a location in this state; and

28            (4) in the case of intangible property:

29            (A) that is rented, leased, or licensed, if and to the

30 extent the property is used in this state, provided that intangible property

31 utilized in marketing a good or service to a consumer is used in this state

32 if that good or service is purchased by a consumer in this state; and

33            (B) that is sold, if and to the extent the property is

34 used in this state, provided that:

35            (i) a contract right, government license, or similar

36 intangible property that authorizes the holder to conduct a business activity

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1 in a specific geographic area is used in this state if the geographic area

2 includes all or part of this state;

3             (ii) receipts from intangible property sales that

4 are contingent on the productivity, use, or disposition of the intangible

5 property shall be treated as receipts from the rental, lease, or licensing of

6 such intangible property under subdivision (a)(4)(B)(i) of this section; and

7             (iii) all other receipts from a sale of intangible

8 property shall be excluded from the numerator and denominator of the receipts

9 factor.

10  (b) If the state or states of assignment under subsection (a) of this

11 section cannot be determined, the state or states of assignment shall be

12 reasonably approximated.

13  (c) If the taxpayer is not taxable in a state to which a receipt is

14 assigned under subsection (a) or subsection (b) of this section, or if the

15 state of assignment cannot be determined under subsection (a) of this section

16 or reasonably approximated under subsection (b) of this section, such

17 receipts shall be excluded from the denominator of the receipts factor.

18  (d) The Secretary of the Department of Finance and Administration may

19 prescribe rules as necessary or appropriate to carry out the purposes of this

20 section.

21  (e)(1) Notwithstanding subsection (a) of this section, a person that

22 is principally engaged in the sale of telecommunications service, mobile

23 telecommunications service, internet access service, cable television

24 service, community antenna television service, or direct-to-home satellite

25 television programming service, or a combination of these services, may elect

26 to source sales under this subsection for tax years beginning on or after

27 January 1, 2026, but before December 31, 2035.

28            (2) An election under subdivision (e)(1) of this section shall

29 be made on the taxpayer's return for the first tax year for which the

30 taxpayer is eligible for the election, and once made, an election under

31 subdivision (e)(1) of this section cannot be changed for subsequent years

32 without approval in writing by the secretary.

33            (3) Under this subsection, sales, other than sales described in

34 � 26-51-716, are in this state if:

35            (A) The income-producing activity is performed in this

36 state; or

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1               (B) The income-producing activity is performed both in and

2 outside this state and a greater proportion of the income-producing activity

3 is performed in this state than in any other state, based on costs of

4 performance.

5

6      26-51-718. Procedure when allocation does not fairly represent

7 taxpayer's business activity.

8      (a) If the allocation and apportionment provisions of this Act do not

9 fairly represent the extent of the taxpayer's business activity in this

10 state, the taxpayer may petition for or the Secretary of the Department of

11 Finance and Administration may require, in respect to all or any part of the

12 taxpayer's business activity, if reasonable:

13              (a)(1) separate accounting;

14              (b)(2) the inclusion of one or more additional factors

15 which will fairly represent the taxpayer's business activity in this state;

16 or

17              (c)(3) the employment of any other method to effectuate an

18 equitable allocation and apportionment of the taxpayer's income.

19     (b)(1) If the allocation and apportionment provisions of this Act do

20 not fairly represent the extent of business activity in this state of

21 taxpayers engaged in a particular industry or in a particular transaction or

22 activity, the secretary, in addition to the authority provided in subsection

23 (a) of this section, may establish appropriate rules for determining

24 alternative allocation and apportionment methods for the taxpayers.

25             (2) A rule adopted under this subsection shall be applied

26 uniformly, except that with respect to any taxpayer to which the rule

27 applies, the taxpayer may petition for or the secretary may require an

28 adjustment under subsection (a) of this section.

29     (c) The party petitioning for or the secretary requiring the use of

30 any method to effectuate an equitable allocation and apportionment of the

31 taxpayer's income under subsection (a) of this section shall prove that the:

32             (1) Allocation and apportionment provisions of this Act do not

33 fairly represent the extent of the taxpayer's business activity in this

34 state; and

35             (2) Alternative to the allocation and apportionment provisions

36 of this Act is reasonable.

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1   (d) The same burden of proof shall apply whether the taxpayer is

2 petitioning for or the secretary is requiring the use of any reasonable

3 method to effectuate an equitable allocation and apportionment of the

4 taxpayer's income.

5   (e) Notwithstanding subsection (d) of this section, if the secretary

6 demonstrates that in any two (2) of the prior five (5) tax years the taxpayer

7 used an allocation or apportionment method at variance with the allocation or

8 apportionment method or methods the taxpayer used for the other tax years,

9 then the secretary shall not bear the burden of proof in imposing a different

10 allocation or apportionment method under subsection (a) of this section.

11  (f) If the secretary requires a different allocation or apportionment

12 method under subsection (a) of this section to effectuate an equitable

13 allocation and apportionment of the taxpayer's income, the secretary shall

14 not impose a civil or criminal penalty with reference to the tax due that is

15 attributable to the taxpayer's reasonable reliance solely on the allocation

16 and apportionment provisions of this Act.

17  (g) A taxpayer that has received written permission from the secretary

18 to use a reasonable method of allocation or apportionment to effectuate an

19 equitable allocation and apportionment of the taxpayer's income shall not

20 have that permission revoked with respect to transactions and activities that

21 have already occurred unless there has been a material change in or a

22 material misrepresentation of the facts provided by the taxpayer upon which

23 the secretary reasonably relied.

24

25  SECTION 7. Arkansas Code � 26-51-722 is repealed.

26  26-51-722. Effective date.

27  The provisions of this Act shall be applicable to all income earned or

28 accrued in the income years, both calendar and fiscal, beginning on or after

29 January 1, 1961.

30

31  SECTION 8. EFFECTIVE DATE. This act is effective for tax years

32 beginning on and after January 1, 2026.

33

34

35

36

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