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FOR IMMEDIATE RELEASE
CONTACT: Chris Powell | chris.powell@sos.arkansas.gov | (501) 683-0057
Businesses Encouraged to File Online
(LITTLE ROCK, ARK.) – Secretary of State Mark Martin
is reminding Arkansas businesses that annual franchise taxes must be filed
by midnight on May 2nd with the Secretary of State’s Business and Commercial
Services (BCS) division.
Every incorporated business, whether domestic or foreign,
pays an annual fee to do business in Arkansas. Corporations may file their franchise taxes online, 24 hours
a day, by visiting the Secretary of State’s website at www.ark.org/sos/franchise/index.php.
The
easy-to-use system provides automatic calculations, e-mail confirmations and
copies of each completed filing. Credit cards and electronic checks are
accepted.
Revoked entities continue to accrue franchise taxes annually until the business is formally dissolved or withdrawn. Nonprofit corporations are not subject to state franchise tax.
Corporations can also pay in person at BCS located in the
Victory Building in Little Rock at 1401 West Capitol, Suite 250, or by mailing
their tax forms to P.O. Box 8014, Little Rock, AR 72203-8014.
BCS is open from 8 a.m. to 5 p.m. Monday through Friday. For
additional information, call BCS at (888) 233-0325.
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