A taxpayer who makes a declaration of estimated tax for the income year shall estimate an amount not less than ninety percent (90%) of the amount actually due.
Ark. Code Ann. § 26-51-912
Minimum estimated tax
Applied in 1 court decision — leading case Dixie Furniture Co. v. Ragland (1989)
Most recently applied in Dixie Furniture Co. v. Ragland (September 1989)
Acts 1965, No. 132, § 15; 1967, No. 636, § 6; A.S.A. 1947, § 84-2079.4; Acts 1987, No. 502, § 14.
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.