Arkansas Code § 28-72-207

Trust estate exempt from taxation
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For all purposes of taxation under the authority of the state or any of its governmental or taxing subdivisions, the trust estate and its revenues shall have the same immunities as other property and revenues of the beneficiary or beneficiaries not so in trust. Acts 1961, No. 459, § 8; A.S.A. 1947, § 58-408.
For all purposes of taxation under the authority of the state or any of its governmental or taxing subdivisions, the trust estate and its revenues shall have the same immunities as other property and revenues of the beneficiary or beneficiaries not so in trust. Acts 1961, No. 459, § 8; A.S.A. 1947, § 58-408.
For all purposes of taxation under the authority of the state or any of its governmental or taxing subdivisions, the trust estate and its revenues shall have the same immunities as other property and revenues of the beneficiary or beneficiaries not so in trust. Acts 1961, No. 459, § 8; A.S.A. 1947, § 58-408.
For all purposes of taxation under the authority of the state or any of its governmental or taxing subdivisions, the trust estate and its revenues shall have the same immunities as other property and revenues of the beneficiary or beneficiaries not so in trust.
Acts 1961, No. 459, § 8; A.S.A. 1947, § 58-408.

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