Arkansas tax credits and incentives
Review the program rules and claim timing below, then confirm the requirements with the administering agency.
This directory is not tax advice. Confirm eligibility, tax-year rules, deadlines and filing requirements with a tax professional.
Amounts are subject to the conditions in each listing. A source review does not mean applications are open or that a business qualifies.
1 program
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Arkansas targeted business research credit
Tax credit
33% of qualified research salaries annually for five years; credits may be sold once within one year of issuance. [Arkansas research and development incentives]
Discretionary approval required [Arkansas research and development incentives]
Eligibility, claim steps and deadlines for Arkansas targeted business research credit
- Who qualifies
- Approved targeted businesses in advanced manufacturing, agricultural sciences, biosciences, information technology, logistics or bio-based products performing qualifying in-house research. [Arkansas research and development incentives]
- What it’s worth
- 33% of qualified research salaries annually for five years; credits may be sold once within one year of issuance. [Arkansas research and development incentives]
- How to claim
- Seek a financial incentive agreement with a project plan, planned expenditures, project dates and estimated costs. The agency page does not specify a tax-return form. [Arkansas research and development incentives]
- Deadlines and application windows
- Agency recommends submitting applications 45 days before the company tax year ends. [Arkansas research and development incentives]
Sources reviewed
Full details and sources for Arkansas targeted business research credit