Income tax window
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Income tax window
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WebIncome/Franchise: Arkansas: New Law Lowers Corporate Income Tax Rate and Repeals Throwback Rule . S.B. 549, signed by gov. 4/10/23. Applicable for tax years beginning on or after January 1, 2024, new law lowers the top tax rate (i.e., on net income exceeding $25,000) for Arkansas corporate income tax purposes from 5.3% to 5.1%. WebOct 1, 2024 · Qualifying small taxpayers have $10 million or less in average annual gross receipts for the three preceding tax years, and eligible building property includes a unit of property constituting a building, condominium, cooperative, or leased building or portion of a building with an unadjusted basis of $1 million or less.
WebApr 7, 2024 · How to file Income Tax return when window to file the tax return is closed by Income Tax portal. 31 st March, 2024 has gone and the assessee who have failed to file their respective ITR for AY 2024-21 tend to lose their …
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