Title 47, Revenue and Taxation

0 chapters · 2,663 sections in this title.

2,663 sectionsFiltered byTitle 47

La. Rev. Stat. § 47:60.1 Deductions from gross income; casualty losses by individuals
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§60.1. Deductions from gross income; casualty losses by individuals Any resident of the area declared to be a disaster area by the President of the United States because of Hurricane Camille, which occurred on August 19, 1969, may deduct from his Louisiana net income for the year…
La. Rev. Stat. § 47:6001 Tax exemption; certain aircraft
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§6001. Tax exemption; certain aircraft A. No personal property tax shall be imposed on any aircraft with an operating empty weight less than seven thousand pounds which is owned by a private individual or limited liability company and used in 14 CFR Part 91 operation. B. Repealed…
La. Rev. Stat. § 47:6002 Urban Land-Banking Law; acquisition of real property
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§6002. Urban Land-Banking Law; acquisition of real property The real property of any governing authority acquired or held by the authority for the purposes set forth in the Urban Land-Banking Law* is declared to be public property and shall be exempt from any tax imposed by the s…
La. Rev. Stat. § 47:6003 Work-Based Learning Tax Credit
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§6003. Work-Based Learning Tax Credit A. This Section shall be known and may be cited as the "Work-Based Learning Tax Credit Act". B. The legislature hereby finds that an insufficient number of people with adequate levels of on-the-job training is an impediment to workforce devel…
La. Rev. Stat. § 47:6004 Repealed by Acts 2019, No
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§6004. Repealed by Acts 2019, No. 202, §2, eff. June 11, 2019. NOTE: See Acts 2019, No. 202, re: applicability.
La. Rev. Stat. § 47:6005 Qualified new recycling manufacturing or process equipment and service contracts
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§6005. Qualified new recycling manufacturing or process equipment and service contracts A. For the purposes of this Section: (1) "Beneficial use" means the use of waste material for some profitable purpose (e.g., incorporating sludge into soil to amend the soil). Avoidance of pro…
La. Rev. Stat. § 47:6006 Tax credits for local inventory taxes paid
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§6006. Tax credits for local inventory taxes paid A.(1) There shall be allowed a credit against Louisiana income tax for ad valorem taxes paid to political subdivisions on inventory held by manufacturers, distributors, and retailers. (2) There shall be allowed a credit against Lo…
La. Rev. Stat. § 47:6006.1 Tax credits for taxes paid with respect to vessels in Outer Continental Shelf Lands
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§6006.1. Tax credits for taxes paid with respect to vessels in Outer Continental Shelf Lands Act Waters A. There shall be allowed a credit against any Louisiana income tax for ad valorem taxes paid to political subdivisions on vessels in Outer Continental Shelf Lands Act Waters a…
La. Rev. Stat. § 47:6007 Motion picture production tax credit
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§6007. Motion picture production tax credit A. Purpose. The primary objective of this Section is to encourage development in Louisiana of a strong capital and infrastructure base for motion picture production in order to achieve an independent, self-supporting industry. This obje…
La. Rev. Stat. § 47:6008 Tax credits for donations made to assist playgrounds in economically depressed
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§6008. Tax credits for donations made to assist playgrounds in economically depressed areas A. There shall be allowed a credit against any Louisiana income tax for qualified donations made to qualified playgrounds. The credit shall be an amount equal to the lesser of seven hundre…
La. Rev. Stat. § 47:6009 Repealed by Acts 2019, No
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§6009. Repealed by Acts 2019, No. 202, §2, eff. June 11, 2019.
La. Rev. Stat. § 47:601 Repealed by Acts 2024, 3rd Ex
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§601. Repealed by Acts 2024, 3rd Ex. Sess., No. 6, §3, eff. Jan. 1, 2026.
La. Rev. Stat. § 47:601.1 Repealed by Acts 2024, 3rd Ex
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§601.1. Repealed by Acts 2024, 3rd Ex. Sess., No. 6, §3, eff. Jan. 1, 2026.
La. Rev. Stat. § 47:601.2 Repealed by Acts 2024, 3rd Ex
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§601.2. Repealed by Acts 2024, 3rd Ex. Sess., No. 6, §3, eff. Jan. 1, 2026.
La. Rev. Stat. § 47:6010 Repealed by Acts 2015, No
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§6010. Repealed by Acts 2015, No. 357, §2, eff. June 29, 2015.
La. Rev. Stat. § 47:6011 Repealed by Acts 2024, 3rd Ex
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§6011. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6012 Repealed by Acts 2024, 3rd Ex
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§6012. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6013 Tax credits for donations made to public schools
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§6013. Tax credits for donations made to public schools A. There shall be allowed a credit against the corporation income tax for qualified donations made to a public school. The credit shall be an amount equal to twenty-eight percent of the appraised value of the qualified donat…
La. Rev. Stat. § 47:6014 Credit for property taxes paid by certain telephone companies; fund
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§6014. Credit for property taxes paid by certain telephone companies; fund A. Pursuant to the provisions of this Section, there shall be allowed a credit against Louisiana income taxes in an amount equal to forty percent of the aggregate ad valorem taxes paid to political subdivi…
La. Rev. Stat. § 47:6015 Research and development tax credit
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§6015. Research and development tax credit A. The Legislature of Louisiana hereby finds and declares that the health, safety, and welfare of the people of this state are dependent upon the continued encouragement, development, growth, and expansion of the private sector within th…
La. Rev. Stat. § 47:6016 Repealed by Acts 2024, 3rd Ex
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§6016. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6016.1 Louisiana New Markets Jobs Act; premium tax credit
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§6016.1. Louisiana New Markets Jobs Act; premium tax credit A. The provisions of this Section shall be known as and may be cited as the "Louisiana New Markets Jobs Act". B. As used in this Section, the following words, terms, and phrases have the meaning ascribed to them unless a…
La. Rev. Stat. § 47:6017 Tax credits for certain expenses paid by economic development corporations
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§6017. Tax credits for certain expenses paid by economic development corporations A. There shall be allowed a credit against any Louisiana income tax for the filing fee paid to the Louisiana State Bond Commission that is incurred by an economic development corporation in the prep…
La. Rev. Stat. § 47:6018 Repealed by Acts 2024, 3rd Ex
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§6018. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6019 Tax credit; rehabilitation of historic structures
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§6019. Tax credit; rehabilitation of historic structures A.(1)(a)(i) There shall be a credit against income tax for the amount of eligible costs and expenses incurred during the rehabilitation of a historic structure located in a downtown development district, located in a cultur…
La. Rev. Stat. § 47:602 Repealed by Acts 2024, 3rd Ex
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§602. Repealed by Acts 2024, 3rd Ex. Sess., No. 6, §3, eff. Jan. 1, 2026.
La. Rev. Stat. § 47:6020 Angel Investor Tax Credit Program
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§6020. Angel Investor Tax Credit Program A. Purpose. The legislature finds that the welfare of the state is enhanced by a healthy entrepreneurial business environment and that ready sources of capital necessary to support this environment are not currently available. The Angel In…
La. Rev. Stat. § 47:6020.1 Repealed by Acts 2011, No
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§6020.1. Repealed by Acts 2011, No. 414, §2, eff. July 8, 2011.
La. Rev. Stat. § 47:6020.2 Repealed by Acts 2011, No
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§6020.2. Repealed by Acts 2011, No. 414, §2, eff. July 8, 2011.
La. Rev. Stat. § 47:6020.3 Repealed by Acts 2011, No
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§6020.3. Repealed by Acts 2011, No. 414, §2, eff. July 8, 2011.
La. Rev. Stat. § 47:6020.4 Repealed by Acts 2010, No
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§6020.4. Repealed by Acts 2010, No. 1034, §3.
La. Rev. Stat. § 47:6021 Repealed by Acts 2024, 3rd Ex
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§6021. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6022 Digital interactive media and software tax credit
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§6022. Digital interactive media and software tax credit A. Short title. This Section shall be known and may be referred to as the "Louisiana Digital Media and Software Act". B. Purpose. The primary objective of this Section is to encourage development in Louisiana of a strong ca…
La. Rev. Stat. § 47:6023 Sound recording investor tax credit
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§6023. Sound recording investor tax credit A. Purpose. The primary objective of this Section is to encourage development in Louisiana of a strong capital base for sound recording productions in order to achieve a more independent, self-supporting music and sound recording industr…
La. Rev. Stat. § 47:6024 Rural hospital service district cooperative endeavors and joint ventures
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§6024. Rural hospital service district cooperative endeavors and joint ventures No ad valorem or personal property taxes shall be imposed by any parish, municipality, school board, or other political subdivision of the state on cooperative endeavors and joint ventures involving a…
La. Rev. Stat. § 47:6025 Repealed by Acts 2024, 3rd Ex
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§6025. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6026 Repealed by Acts 2024, 3rd Ex
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§6026. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6027 Repealed by Acts 2024, 3rd Ex
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§6027. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6028 Louisiana Youth Jobs Tax Credit Program
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§6028. Louisiana Youth Jobs Tax Credit Program A. Purpose. It is hereby found that disadvantaged youth in Louisiana are often unemployed or underemployed through no fault of their own. The purpose of this program is to help young people entering the workforce have a successful st…
La. Rev. Stat. § 47:6029 Repealed by Acts 2015, No
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§6029. Repealed by Acts 2015, No. 357, §2, eff. June 29, 2015.
La. Rev. Stat. § 47:603 Repealed by Acts 2008, 2nd Ex
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§603. Repealed by Acts 2008, 2nd Ex. Sess., No. 10, §3, eff. Jan. 1, 2012.
La. Rev. Stat. § 47:6030 Repealed by Acts 2024, 3rd Ex
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§6030. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6031 Louisiana Community Economic Development Act; tax credits; amount; duration;
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§6031. Louisiana Community Economic Development Act; tax credits; amount; duration; forfeit A.(1)(a) Except as provided in Subsection B of this Section, a taxpayer may earn and apply for and, if qualified, be granted a credit on any income or corporation franchise tax liability o…
La. Rev. Stat. § 47:6032 Tax credit for certain milk producers
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§6032. Tax credit for certain milk producers A. A resident taxpayer engaged in the business of producing milk for sale shall be allowed a refundable tax credit based on the amount of milk produced and sold. The credit may be claimed against any Louisiana income tax. The credit sh…
La. Rev. Stat. § 47:6033 Apprenticeship tax credits
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§6033. Apprenticeship tax credits A. Purpose. The legislature hereby determines that a major impediment to the economy of the state is the lack of an adequate number of people in the workforce with sufficient on the job training to find and keep good paying jobs already present a…
La. Rev. Stat. § 47:6034 Musical and theatrical production income tax credit
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§6034. Musical and theatrical production income tax credit A. Purpose. It is the intention of the legislature in creating these different types of tax credits: a credit for qualified production expenditures made from investments in a state-certified musical or theatrical producti…
La. Rev. Stat. § 47:6035 Repealed by Acts 2024, 3rd Ex
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§6035. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6036 Repealed by Acts 2024, 3rd Ex
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§6036. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6036.1 Repealed by Acts 2024, 3rd Ex
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§6036.1. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.
La. Rev. Stat. § 47:6037 Repealed by Acts 2024, 3rd Ex
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§6037. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025. NOTE: See Acts 2024, 3rd Ex. Sess., No. 5, §4, regarding applicability to franchise tax periods beginning on or after Jan. 1, 2026.