Computation of net income

La. Rev. Stat. § 47:287.75, under Revenue and Taxation.

La. Rev. Stat. § 47:287.75

§287.75. Computation of net income The net income of a corporation is computed by subtracting allowable deductions from gross income for a taxable year. Acts 1986, 1st Ex. Sess., No. 16, §1, eff. Dec. 24, 1986.