Ark. Code R. 26-51-504 - 1(c) (1997) - Restriction of Credit

The credit against Arkansas individual income tax liability for income taxes actually owed to another state or territory shall only be available to Arkansas residents or part-year residents. Nonresidents are not eligible for this credit.

The credit shall also be available to fiduciaries and partnerships residing or domiciled in Arkansas which either:

1. Are subject to Arkansas income tax;

or

2. Have to report income for purposes of Arkansas income tax.