The payroll factor is a fraction, the numerator of which is the total amount paid in this state during the tax period by the taxpayer for compensation, and the denominator of which is the total compensation paid everywhere during the tax period.
Ark. Code Ann. § 26-51-713
Payroll factor. [Repealed effective January 1, 2021.]
Acts 1961, No. 413, § 13; A.S.A. 1947, § 84-2067.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.