Arkansas Schedule of Business Incentive Credits
Extracted from PDF file 2020-arkansas-form-ar1100bic.pdf, last modified September 2020
Schedule of Business Incentive CreditsAR1100BIC PRINT FORM CLEAR FORM CTBC201 2020 ARKANSAS CORPORATION INCOME TAX SCHEDULE OF BUSINESS INCENTIVE TAX CREDITS Name Entity FEIN Parent Name If Filing Consolidated Parent FEIN If Filing Consolidated This AR1100BIC form must be used when a Corporation is claiming an income tax credit on their AR1100CT Corporation Income Tax Return. If ¿OLQJDVDQ$UNDQVDV&RQVROLGDWHG*URXSHDFKHOLJLEOHPHPEHURIWKHJURXSLQFOXGLQJWKH3DUHQWFODLPLQJD%,&LQFRPHWD[FUHGLWPXVWFRPSOHWH a separate AR1100BIC form. Each member’s separate income tax credit claimed on the member’s AR1100BIC form must be consolidated on the *URXS¶V$5%,&IRUPDQGHQWHUHGRQ/LQHRIWKHIRUP7KH*URXS¶VWRWDOLQFRPHWD[FUHGLWDPRXQWFODLPHGZLOOEHHQWHUHGRQ/LQHRIWKH *URXS¶V$5&7IRUP 5HFHQWOHJLVODWLRQDPHQGHGLQFUHDVHGRUH[WHQGHGVRPHRIWKHSURYLVLRQVIRU%XVLQHVV,QFHQWLYHVDQG7D[&UHGLWV$VXPPDU\RIWKH%XVLQHVV,QFHQWLYHDQG 7D[&UHGLW3URJUDPVFDQEHIRXQGDWZZZGIDDUNDQVDVJRY,I\RXKDYHTXHVWLRQVSOHDVHFRQWDFWWKH7D[&UHGLWV6SHFLDO5HIXQGV6HFWLRQDW (ATTACH CERTIFICATE(S) TO AR1100CT) See below for Business Incentive Tax Credit codes. 1. BIC Code Amount 00 2. BIC Code Amount 00 3. BIC Code Amount 00 4. BIC Code Amount 00 5. BIC Code Amount 00 6. BIC Code Amount 00 7.TOTAL CREDITS: (Add amounts from 1-6) Enter total here and on Line 32, AR1100CT ............................................ 7 00 Attach a separate AR1100BIC Form for each eligible member, including the eligible Parent, of the Arkansas Consolidated Group BUSINESS INCENTIVE CREDIT TYPES BIC Code Credit Type 0001….Advantage Arkansas «$൵RUGDEOH+RXVLQJ «$UN3OXV «$UN3OXV7HFKQRORJ\%DVHG «$UN3OXV7HFKQRORJ\%DVHG «$UN3OXV7HFKQRORJ\%DVHG «&DSLWDO'HYHORSPHQW&RPSDQ\ «&KLOG&DUH)DFLOLW\ «&RDO0LQLQJ3URGXFLQJDQG([WUDFWLQJ «'HOWD*HRWRXULVP «(QWHUSULVH=RQH «(TXLSPHQW'RQDWLRQ6DOH «(TXLW\,QYHVWPHQW,QFHQWLYH «([LVWLQJ:RUNIRUFH7UDLQLQJ «)DPLO\6DYLQJV,QLWLDWLYH$FW «+LVWRULF5HKDELOLWDWLRQ «/RZ,QFRPH+RXVLQJ «3XEOLF5RDGV,QFHQWLYH «5HVHDUFK3DUN$XWKRULW\ «5HVHDUFKDQG'HYHORSPHQWZLWK8QLYHUVLWLHV «,Q+RXVH5HVHDUFK,QFRPH7D[&UHGLW «,Q+RXVH5HVHDUFKE\7DUJHWHG%XVLQHVV,QFRPH7D[&UHGLW «,Q+RXVH5HVHDUFK$UHDRI6WUDWHJLF9DOXH,QFRPH7D[&UHGLW «4XDOL¿HG5HVHDUFK «7RXULVP'HYHORSPHQW AR1100BIC (R 9/15/2020) BIC Code Credit Type «7XLWLRQ5HLPEXUVHPHQW3URJUDP «7DUJHWHG%XVLQHVV3D\UROO «9HQWXUH&DSLWDO,QYHVWPHQW «<RXWK$SSUHQWLFHVKLS «<RXWK$SSUHQWLFHVKLS:RUN%DVH/HDUQLQJ «:DVWH5HGXFWLRQ5HXVHRU5HF\FOH(TXLSPHQW\UFDUU\IRUZDUG «:DWHU,PSRXQGHG2XWVLGH&ULWLFDO «:DWHU,PSRXQGHG:LWKLQ&ULWLFDO «:DWHU6XUIDFH2XWVLGH&ULWLFDO «:DWHU6XUIDFH,QVLGH&ULWLFDO «:DWHU6XUIDFH,QVLGH&ULWLFDO,QGXVWULDORU&RPPHUFLDO «:DWHU/DQG/HYHOLQJ «:HWODQG5LSDULDQ=RQH&UHDWLRQ5HVWRUDWLRQ :HWODQG5LSDULDQ=RQH&RQVHUYDWLRQ &HQWUDO%XVLQHVV,PSURYHPHQW'LVWULFW5HKDEDQG'HY %LRGLHVHO,QFHQWLYH&UHGLW 5HF\FOH(TXLSPHQWIRU6WHHO0DQXIDFWXUHU 5HF\FOH6WHHO0DQXIDFWXUHU$PHQGPHQW3URMHFW$FW 5HF\FOH([SDQVLRQ3URMHFW$FW 5HF\FOH6WHHO0DQXIDFWXULQJ6SHFLDOW\3URGXFWV)DFLOLW\0$FW 5HF\FOH6WHHO0DQXIDFWXULQJ6SHFLDOW\3URGXFWV)DFLOLW\0$FW 5HF\FOH6WHHO0DQXIDFWXULQJ6SHFLDOW\3URGXFWV)DFLOLW\0$FW $SSUHQWLFHVKLS3URJUDP 0DMRU+LVWRULF5HKDELOLWDWLRQ 'HOWD0XVLF7UDLO
More about the Arkansas Form AR1100BIC Corporate Income Tax Tax Credit
We last updated the Schedule of Business Incentive Credits in March 2021, and the latest form we have available is for tax year 2020. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Arkansas Department of Revenue. You can print other Arkansas tax forms here.
Other Arkansas Corporate Income Tax Forms:
|Form Code||Form Name|
|Form AR1100CT||Corporation Income Tax Return|
|Form AR1000TC||Schedule of Tax Credits and Business Incentive Credits|
|Form AR1100S||Subchapter S Corporation Income Tax Return|
|Form AR1100ESCT||Corporation Estimated Tax Declaration Vouchers|
Arkansas usually releases forms for the current tax year between January and April. We last updated Arkansas Form AR1100BIC from the Department of Revenue in March 2021.
Form AR1100BIC is an Arkansas Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Arkansas Form AR1100BIC
We have a total of ten past-year versions of Form AR1100BIC in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Arkansas Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.