The state of Arkansas allows for 50 percent of net capital gains to be exempt from state income tax. In addition, the amount of net capital gain in excess of $10 million in a given tax year is exempt from the state income tax.
The state of Arkansas allows for 50 percent of net capital gains to be exempt from state income tax. In addition, the amount of net capital gain in excess of $10 million in a given tax year is exempt from the state income tax.