Arkansas § 26-51-439 Capitalization of certain expenses

Arkansas Statutes

§ 26-51-439 — Capitalization of certain expenses

Arkansas § 26-51-439

Title26

This text of Arkansas § 26-51-439 (Capitalization of certain expenses) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 26-51-439 (2026).

Text

(a)Title 26 U.S.C. § 263A(a)-

(h), as in effect on January 1, 2019, regarding capitalization and inclusion in inventory costs of certain expenses, are adopted for the purpose of computing Arkansas income tax liability.

(b)Title 26 U.S.C. § 195 , as in effect on January 1, 2001, regarding capitalization and amortization of a corporation's start-up expenses, is adopted for the purpose of computing Arkansas income tax liability.

(c)Title 26 U.S.C. § 248 , as in effect on January 1, 2005, regarding capitalization and amortization of a corporation's organizational expenses, is adopted for the purpose of computing Arkansas income tax liability.

(d)Title 26 U.S.C. § 709 , as in effect on January 1, 2007, regarding the amortization of partnership organizational expenses, is adopted for the pur

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(a) Title 26 U.S.C. § 263A(a)-(h) , as in effect on January 1, 2019, regarding capitalization and inclusion in inventory costs of certain expenses, are adopted for the purpose of computing Arkansas income tax liability. (b) Title 26 U.S.C. § 195 , as in effect on January 1, 2001, regarding capitalization and amortization of a corporation's start-up expenses, is adopted for the purpose of computing Arkansas income tax liability. (c) Title 26 U.S.C. § 248 , as in effect on January 1, 2005, regarding capitalization and amortization of a corporation's organizational expenses, is adopted for the purpose of computing Arkansas income tax liability. (d) Title 26 U.S.C. § 709 , as in effect on January 1, 2007, regarding the amortization of partnership organizational expenses, is adopted for the purpose of computing Arkansas income tax liability.

Legislative History

Amended by Act 2019, No. 870,§ 11, eff. for tax years beginning on or after 1/1/2019. Acts 1989, No. 826, § 8; 2001, No. 773, § 9; 2005, No. 675, § 12; 2007, No. 218, §§ 29, 30.