{"data":{"id":"us-ar/ark.-code-ann.-26-26-1406","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 26-26-1406","heading":"Penalties","body":"(a) A penalty of ten percent (10%) of the taxpayer's total tangible personal property taxes shall be imposed on any taxpayer who fails or refuses to assess his or her tangible personal property on or before May 31 of each year.\n\n(b) A penalty of ten percent (10%) of the taxpayer's total tangible personal property taxes shall be assessed if the taxpayer fails or refuses to pay tangible personal property taxes on or before October 15 next following the assessment of the tangible personal property for taxes.","path":["AR Code","Title 26","Chapter 26","Subchapter 14"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"b070976be972f0933efb7847105c1f727c7aacef962551c96807127b87b85438","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-26-26-1405","next":"us-ar/ark.-code-ann.-26-26-1407"},"notice":"GroundRules: Original legal text. Not legal advice."}