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  2. Louisiana lawmakers pass income and corporate tax cuts ... - AOL

    www.aol.com/louisiana-lawmakers-pass-income...

    Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide sales tax increase, giving Gov. Jeff Landry much of what he wanted ...

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    In essence, this franchise or business privilege tax is the fee the LLC pays the state for the benefit of limited liability. The franchise tax can be an amount based on revenue, an amount based on profits, or an amount based on the number of owners or the amount of capital employed in the state, or some combination of those factors, or simply a ...

  4. Louisiana tax reforms need only Landry's signature to ... - AOL

    www.aol.com/louisiana-tax-reforms-only-landrys...

    For businesses, the corporate income tax rate will drop from 7.5% to a flat 5.5%, and the state franchise tax will be eliminated entirely. Originally, Landry's plan proposed a rate of 3.5%.

  5. Major changes are coming to Louisiana in 2025—from voting rules to tax overhauls and consumer protections. Find out what’s new and how it affects you! ... 2025, for income taxes and Jan. 1 ...

  6. Franchise tax - Wikipedia

    en.wikipedia.org/wiki/Franchise_tax

    A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of capital held by the entity. The franchise tax effectively ...

  7. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    Franchise Tax rate Utah [c] 5% $0 Vermont 6% 7% 8.5% $0 $10K $25K Virginia 6% $0 Washington [c] None None West Virginia 8.5% $0 Wisconsin 7.9% 0 Wyoming None None District of Columbia 9.975% $0 Notes: The rates above are for regular corporate taxes based on income (including those called franchise taxes) and exclude the effect of alternative ...

  8. Louisiana House greenlights Gov. Jeff Landry's tax cuts - AOL

    www.aol.com/louisiana-house-greenlights-gov-jeff...

    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 ...

  9. Louisiana begins tax season, Here's when you can expect your ...

    www.aol.com/louisiana-begins-tax-season-heres...

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