Dividends paid on shares of stock of financial institutions shall be subject to income tax under the Income Tax Act of 1929, § 26-51-101 et seq., on the same basis as dividends on shares of stock of business corporations.Acts 1973, No. 182, § 4; A.S.A. 1947, § 84-2008.2. Dividends paid on shares of stock of financial institutions shall be subject to income tax under the Income Tax Act of 1929, § 26-51-101 et seq., on the same basis as dividends on shares of stock of business corporations.Acts 1973, No. 182, § 4; A.S.A. 1947, § 84-2008.2.
Arkansas Legal Code