Personal Income Tax

Resident individuals, estates and trusts and non-residential individuals, estates and trusts deriving income from within the state are subject to a tax on their net income at the following rates:

Net Taxable Income Rate 

First $2,999
Next $3,000
Next $3,000
Next $6,000
Next $10,000
$25,000 or over


Property Tax

Arkansas does not have a state property tax. However, Arkansas cities and counties do collect a property tax, which is the principal source of revenue for those units of government.  Applicable Real Property Tax Rates - Tax rate per $1,000 of Assessed Value (note: Assessed value is20% of Appraised value)

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West Memphis (city)
Crittenden County

Ratio of Assessment

Industrial - real
Industrial - personal
Production, machinery, equipment
Raw material inventory
20% of cost

Arkansas Sales Tax and Arkansas Individual Tax Rates, visit the link below