Arkansas Tax Rates 2024. Published august 2, 2024 at 5:39 am cdt. The top tax rate is reduced to 4.4% as of jan.

The legislation, now act 1 of 2024, will lower the top corporate income tax rate from 4.8% to 4.3% and the top individual income tax rate from 4.4% to 3.9%,. The individual and corporate tax cut package in question, hb 1001, reduced the top marginal individual income tax rate from 4.4 percent to 3.9 percent, effective tax.