Annual Bank Franchise Tax Report - Arkansas Secretary Of State

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ANNUAL 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,
no later than midnight on May 1. Postage meter dates are
associations,
banks,
insurance
companies,
limited
not acceptable for purpose of determining the timely
liability companies, and organizations constituting a
receipt of a tax form and/or payment. Refer to Arkansas
separate legal entity of relationship with the purpose of
Code Annotated §26-18-105.
obtaining a privilege or franchise which is not allowed to
If you have and questions or problems determining your
them as individuals except those exempted by Act 19 of
late fees please contact the Secretary of States office.
1987. The only exemptions are nonprofit corporations,
“SIGNATURE”: The President, Vice-President, Secretary,
8.
corporations which are organizations exempt from the
Treasurer, Controller or Tax Preparer of a bank must sign
federal income tax, or organizations formed pursuant to
this tax report.
the Uniform Partnership Act, §4-42-101 et seq., or the
“AUTHORIZED CAPITAL STOCK”: The number of
9.
Uniform Limited Partnership Act. §4-44-101 et seq.
shares and the par value of these shares that may be
“RESPONSIBILITY”: Banks not receiving a form by
2.
issued by a bank.
March 20 must make written request, download or
“ISSUED AND OUTSTANDING STOCK”: That part of a
file online through the Secretary of State’s office. All
10.
bank’ s stock issued for cash or other consideration.
banks must comply with May 1 due date.
“ASSETS”: The value of the real and personal property
“EXTENSIONS”: Acts 1046 and 1140 of 1991 eliminated
11.
3.
of the bank.
the opportunity to request an extension. ALL REPORTS
ARE DUE ON OR BEFORE MAY 1.
“PAYMENT ADDRESS & INFORMATION”: See top of
12.
this page.
“TAX COMPUTED IN ERROR”: Underpayment will be
4.
13. IDENTICAL INFORMATION: If ALL of the information,
billed to the bank. Requests for refunds must be
including the registered agent and address listed on the
submitted with proof to the Secretary of State's Business
front of this form, is identical as set forth in the prior
Services Division at the above address.
report, you may simply check the box on the form and
“REPORTING YEAR”: The year in which the report is due.
5.
sign the report.
“TAX YEAR”: The year ending December 31 preceding
6.
the reporting year.
For faster service:
“FAILURE TO FILE REPORT”: Banks shall pay an
7.
File online at or use
additional late filing penalty plus interest for late filing of
XML Batch filing!
the report or late payment of the tax.
Calculate as follows:
A. Original Tax due May 1 $ ________________________________
(Minimum $150)
B. +Late Filing Penalty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25.00
C = TOTAL (Add lines A & B)
$ _________________________
D + Interest is (A) x .000274 x_______________ = $ ____________
Number of days
Deficient
E. = TOTAL TAX DUE (Add lines C & D) $ _____________________
In order to be considered timely, tax reports and
payments must be received by the Secretary of State's
office no later than the close of business on May 1 or
must be postmarked by the United States Postal Service

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