Incentives
The following is summary of incentives offered at TXK
ARKPLUS PROGRAM
Type: Income Tax Credit
Benefit: 10% of the initial investment.
Duration: Can be carried forward for 9 years.
ADVANTAGE ARKANSAS PROGRAM
Type: Income Tax Credit
Benefit: 1-4% of new payroll.
Duration: Accrued over 5 years.
CREATE REBATE PROGRAM
Type: Cash Payment
Benefit: 3.9-5% of new payroll
Duration: 1–10-year accrual
TAX ADVANTAGES
General Benefit: No state income tax, low property taxes of Arkansas, up to 65% tax abatement.
CUSTOMIZED TRAINING PROGRAM
Type: Reimbursement
Benefit: Covers eligible costs for both on and off-site training, customized based on need.
INFRASTRUCTURE ASSISTANCE
Purpose: To offset infrastructure costs
Funding: Access to state and federal funds, based on project need and due diligence.
