(a)

1. (1) Acts 1991, No. 400, creates the presumption that all tax information designated in Acts 1991, No. 400, is subject to disclosure.

2. (2) Information is exempt from disclosure only if the information:

   1. (A) Would give advantage to competitors or bidders; or
   2. (B) Is exempt from disclosure under any other law which exempts specific information from disclosure.

(b)

1. (1) Taxpayers may object to release of their information on these grounds.
2. (2) The burden of proving grounds for an exemption is on the taxpayer objecting to the release.
3. (3) Taxpayer objections raising the "competitive advantage" exemption must state specific facts and provide documentation to prove that the release of the information requested will cause substantial harm to the taxpayer's competitive position.

(c)

1. (1) All objections must be in writing and sent to the Commissioner of Revenue.
2. (2) The Commissioner of Revenue will stamp, or otherwise mark, each objection "Received", noting the date of receipt.
3. (3) Objections can be hand delivered, mailed, or sent by telefacsimile to: Commissioner of Revenue Ledbetter Building, Room 2440 P.O. Box 1272 Little Rock, Arkansas 72203 Telefax: (501) 683-1161