Ark. Code R. 26-51-202 - 1(d) (1997) - Income From Trust or Estate

A nonresident beneficiary of a trust or estate administered by a resident trustee, executor or administrator shall not be subject to Arkansas income tax unless the beneficiary's income has been derived by the trust or estate from:

a) Any interest in real property (real estate) located within Arkansas, including but not limited to the following: lease and rental income; income from crops, timber, mining and other land uses; and the gain from any sale of such real property.

b) The use of tangible personal property located within Arkansas, including any gain realized from the sale thereof.

c) Any unincorporated business located within Arkansas, such as an association, sole proprietorship, partnership and limited liability company (LLC).