Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-76-131. Taxes

(B) The taxes due from licensed health maintenance organizations under this section shall be computed on net direct written premiums at the rate described in this section and in §§ 26-57-603 and 26-57-604.

(2)(A) The tax shall be paid to the Treasurer of State through the commissioner as a tax imposed for the privilege of transacting business in this state.

(B) The tax shall be computed at the rate of two and one-half percent (2 1/2 %), except as provided in subsection (b) of this section.

(3)(A) The taxes shall be paid on a quarterly estimate basis as prescribed by the commissioner and reconciled annually at the time of filing the annual statement.

(B) In his or her discretion, the commissioner may suspend or revoke the certificate of authority of any health maintenance organization that fails to pay the tax levied under this section on the date due or during any reasonable extension of time therefor which may have been expressly granted by the commissioner for good cause upon the health maintenance organization's request.

(A) Underwriting;

(B) Medical;

(C) Legal;

(D) Issuance of certificates or contracts;

(E) Claims servicing, information, and service;

(F) Advertising and publications;

(G) Public relations; and

(H) Hiring, testing, and training of sales or service forces.