Statutes > Arkansas Statutes > Title 26 - Taxation > Subtitle 5 - State Taxes > Chapter 51 - Income Taxes > Subchapter 4 - Computation of Tax Liability > § 26-51-402 - Tax year -- Basis for determining liability.

§ 26-51-402 - Tax year -- Basis for determining liability.

26-51-402. Tax year -- Basis for determining liability.

(a) A taxpayer must calculate his Arkansas income tax liability using the same income year for Arkansas income tax purposes as used for federal income tax purposes.

(b) Taxpayers must provide to the Director of the Department of Finance and Administration a copy of any certification or approval from the federal Internal Revenue Service authorizing the taxpayer to change his income year.