§45. Exclusion from gross income; gifts and inheritances The value of property acquired by gift, bequest, devise or inheritance shall not be included in gross income and shall be exempt from taxation under this Chapter; but the income from such property shall be included in gross income.
Exclusion from gross income; gifts and inheritances
La. Rev. Stat. § 47:45, under Revenue and Taxation.
La. Rev. Stat. § 47:45