Economic Development
Where the World Does Business...Where YOU can do Business with the World!

Bentonville/Bella Vista is a great place to locate new business and industry thanks to the quality of life and an educated and able work force. Milken Institute consistently rates our MSA in the Top 10 for the Best Economic Performers.

The University of Arkansas projects NW Arkansas will surpass Pulaski County (Little Rock) in population before 2025! The Us Census Bureau has added McDonald County, Missouri and Madison County, AR to our MSA due to the numbers of their residents who commute here to work, shop, dine and recreate.

Presently, Bentonville has 8 separate commercial parks under construction and are ready to be filled!

Bentonville is home to the Wal-Mart, Inc. General Offices. Northwest Arkansas is also the home of several other large corporations including Tyson Foods and J.B. Hunt and the University of Arkansas.

To link with the Arkansas Department of Economic Development, Click here.

Click here to visit the Northwest Arkansas Council.

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Attached is a Tax Advisory on Arkansas State & Local Tax Issues produced by the State Chamber/AIA Tax Committee Legal Council, Mike Parker, that should be of interest to you and/or your tax experts.

The update discusses two recent court decisions involving issues the State Chamber/AIA Tax Committee have been very involved in for a number of years. The first is a Circuit Court decision involving “The Property Taxpayer Bill of Rights,” claims for refund of property taxes paid on manufacturing inventories, and claims for refund of property taxes in general. The second is an Arkansas Supreme Court decision involving the definition of “equipment” for sales and use tax purposes. The latter decision is very helpful in “expanding the envelope” of items that can be classified as tax exempt manufacturing equipment rather than taxable supplies; but perhaps more important, recognizes and accepts that the Arkansas Legislature clarified (eased) all taxpayers’ burden of proof in state tax exemption cases by passing a bill the State Chamber/AIA Tax Committee wrote and lobbied in the 2009 Legislative Session.