Annual Arkansas Bank Franchise Tax Report - Arkansas Secretary Of State
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1ANNUAL ARKANSAS BANK FRANCHISE TAX REPORT
MAKE CHECKS PAYABLE TO ARKANSAS SECRETARY OF STATE
MAIL TO: Business and Commercial Services Division, P.O. Box 8014, Little Rock, Arkansas 72203-8014
For Online Filing and Information Visit Our Website at
501-682-3409 or 888-233-0325 (Toll Free)
ANNUAL REPORT DUE ON OR BEFORE MAY 1
GENERAL INFORMATION AND DEFINITIONS
1.
WHO FILES: All domestic and foreign corporations,
than the close of business on May 1 or must be
associations, banks, insurance companies, limited liability
postmarked by the United States Postal Service no later
companies, and organizations constituting a separate legal
than midnight on May 1. Postage meter dates are not
entity of relationship with the purpose of obtaining a
acceptable for the purpose of determining the timely
privilege or franchise, which is not allowed to them as
receipt of a tax form and/or payment. Refer to Arkansas
individuals except those exempted by Act 19 of 1987. The
Code Annotated §26-18-105. If you have and questions or
only exemptions are nonprofit corporations, corporations
problems determining your late fees, please contact the
which are organizations exempt from the federal income
Secretary of State’s office.
tax, or organizations formed pursuant to the Uniform
8.
SIGNATURE: The President, Vice-President, Secretary,
Partnership Act, §4-42-101 et seq., or the Uniform Limited
Treasurer, Controller or Tax Preparer of a bank must sign
Partnership Act. §4-44-101 et seq.
this tax report in black ink.
2.
RESPONSIBILITY: Banks not receiving a form by March
9.
AUTHORIZED CAPITAL STOCK: The number of shares
20 must make written request, download or file online
and the par value of these shares that may be issued by a
through the Secretary of State’s office. All banks must
bank.
comply with the May 1 due date.
10.
ISSUED AND OUTSTANDING STOCK: The portion of a
3.
EXTENSIONS: Acts 1046 and 1140 of 1991 eliminated the
bank’s stock issued for cash or other consideration.
opportunity to request an extension. ALL REPORTS ARE
11.
ASSETS: The value of the real and personal property of
DUE ON OR BEFORE MAY 1.
the bank. Arkansas Assets are all assets applicable to
4.
TAX COMPUTED IN ERROR: Underpayment will be
Arkansas according to the balance sheet. Total Assets of
billed to the bank. Requests for refunds must be submitted
the corporation are also according to the balance sheet.
with proof to the Secretary of State's Business Services
12.
PAYMENT ADDRESS & INFORMATION: See top of this
Division at the above address.
page.
5.
REPORTING YEAR: The year in which the report is due.
13.
IDENTICAL INFORMATION: If ALL of the information,
6.
TAX YEAR: The year ending December 31 preceding the
including the registered agent and address listed on the
reporting year.
front of this form, is identical as set forth in the prior report,
7.
FAILURE TO FILE REPORT: Banks shall pay an
you may simply check the box on the form and sign the
additional penalty plus interest for late filing of the report or
report.
late payment of the tax.
14.
REGISTERED AGENT: The registered agent is a person
Calculate as follows
:
or entity designated by the corporation to receive any
service of legal action or other official communication on its
A. Original Tax due May 1 $ ________________________________
(Minimum $150.00; No Stock $300.00)
behalf.
Many corporations use their attorney or a
B. + Late Filing Penalty . . . . . . …. . . . . . . . . . . . . . . . . . . . . . $25.00
professional corporate service company for this service.
The registered agent’s address must be a street address in
C. = TOTAL (Add lines A & B)
$ _________________________
Arkansas, and the agent must be located at that
D. + Interest is (A) x .000274 x_______________ = $ ____________
address. A post office box or “mail drop” may NOT be
Number of days
used
as
the
registered
agent
address. For
more
Deficient
E. = TOTAL TAX DUE (Add lines C & D) $ _____________________
information on registered agents please refer to A.C.A.
4-20-101 et seq.
In order to be considered timely, tax reports and payments
must be received by the Secretary of State's office no later
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