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Louisiana's GOP-dominated House of Representatives on Tuesday overwhelmingly passed individual and corporate tax cuts, along with a constitutional amendment — all key provisions in Gov. Jeff ...
He also noted that simplifying Louisiana's complex tax code would reduce compliance costs, particularly for small businesses. Many of the measures are tied to House Bill 7, which includes ...
A vote for would: Tighten the rules on allowed use of a seven-year-old state trust fund that collects dollars from corporate tax collections and oil and gas production in Louisiana.
As enacted in the Tax Cuts and Jobs Act of 2017 and amended by the Bipartisan Budget Act of 2018, an excise tax of 1.4% on endowment income is levied on universities that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered ...
Louisiana Governor Jeff Landry has called a Special Session on November 6 to overhaul the state's tax system including income and sales tax rates.
The Louisiana State Treasurer is an elected constitutional officer in the executive branch of the state government of Louisiana responsible for overseeing the financial operations of state government. The state treasurer is an elected position, with four year terms. The Louisiana State Treasurer is John Fleming, a Republican.