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Arkansas Code Title 26. Taxation § 26-51-2406. The projected rehabilitation or development expenditures

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) The projected qualified rehabilitation or development expenditures must occur during a period not to exceed eighteen (18) months.

(b) For the rehabilitation or development of an existing structure, the projected qualified rehabilitation or development expenditures must equal or exceed the adjusted basis of the existing structure, excluding the land, before the qualified rehabilitation or development work begins.

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Cite this article: FindLaw.com - Arkansas Code Title 26. Taxation § 26-51-2406. The projected rehabilitation or development expenditures - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-26-taxation/ar-code-sect-26-51-2406/

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