Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Arkansas |
Effected Jurisdiction: | Arkansas |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2020 |
Program name: | Advantage Arkansas Program |
Program purpose: | Job Creation/Retention |
Statutory authority: | Arkansas Code Annotated Section 15-4-2705 |
Abating jurisdiction(s): | State of Arkansas |
Applicable taxes: | Income Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | The recipient is required to pay back some or all of the benefits received. |
Gross revenue loss: | $408,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $408,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.dfa.arkansas.gov/accounting-office/acfr/ |