26 CAR § 130-115. Corporation income tax rates — Arkansas Code § 26-51-205

(a) Every domestic and foreign corporation doing business within Arkansas shall pay a graduated income tax on its entire Arkansas net taxable income based on the following tax rate: (1) First three thousand dollars ($3,000) of net income, one percent (1.0%); (2) Second three thousand dollars ($3,000) of net income, two percent (2.0%); (3) Next five thousand dollars ($5,000) of net income, three percent (3.0%); (4) Next fourteen thousand dollars ($14,000) of net income, five percent (5.0%); (5) Next seventy-five thousand dollars ($75,000) of net income, six percent (6.0%); and (6) Over one hundred thousand dollars ($100,000) of net income, six and five-tenths percent (6.5%). (b) Note. A tax table is provided in each corporation income tax booklet and should be used in determining the tax. Example 1: Twenty-five thousand dollars ($25,000) through one hundred thousand dollars ($100,000): Tax is nine hundred forty dollars ($940) plus six percent (6%) of excess over twenty-five thousand dollars ($25,000). Arkansas Net Taxable Income $75,000 Tax on 1st $25,000 (Per Tax Table) $ 940 Tax on next $50,000 ($50,000 x 6%) 3,000 Total Tax $3,940 Example 2: Over one hundred thousand dollars ($100,000): Tax is five thousand four hundred forty dollars ($5,440) plus six and five-tenths percent (6.5%) of the excess over one hundred thousand dollars ($100,000). Arkansas Net Taxable Income $110,000 Tax on 1st $100,000 (Per Tax Table) $ 5,440 Tax on next $10,000 ($10,000 x 6.5%) 650 Total Tax $ 6,090