Ark. Code Ann. § 26-51-439: Capitalization of certain expenses

(a) Title 26 U.S.C. § 263A(a)-(h) , as in effect on January 1, 2019, regarding capitalization and inclusion in inventory costs of certain expenses, are adopted for the purpose of computing Arkansas income tax liability.

(b) Title 26 U.S.C. § 195 , as in effect on January 1, 2001, regarding capitalization and amortization of a corporation's start-up expenses, is adopted for the purpose of computing Arkansas income tax liability.

(c) Title 26 U.S.C. § 248 , as in effect on January 1, 2005, regarding capitalization and amortization of a corporation's organizational expenses, is adopted for the purpose of computing Arkansas income tax liability.

(d) Title 26 U.S.C. § 709 , as in effect on January 1, 2007, regarding the amortization of partnership organizational expenses, is adopted for the purpose of computing Arkansas income tax liability.