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Louisiana has a 4.45% state sales tax as of 1 July 2018. [118] The state sales tax is not charged on unprepared food. There are also taxes on the parish (county) level and some on the city levels, Baton Rouge has a 5% sales tax. [119] Parishes may add local taxes up to 5%, while local jurisdictions within parishes may add more.
The sales of all non-financial companies surged to Rs 16,815 billion in the fiscal year 2023, marking a substantial increase of Rs 1,864 billion compared to the preceding year. Although, the net profit margin of all companies declined to 5.98% in FY23 from 6.34% in FY22.
Ultimately, the federal government provided $4.6 billion in one-time, subject-to-income-tax cash payments to 427 U.S. air carriers, with no provision for repayment, essentially a gift from the taxpayers.
In October 2020, German authorities issued an international arrest warrant for the two founders of the law firm at the core of the tax evasion scandal exposed by the Panama Papers. Cologne prosecutors sought German-born Jürgen Mossack and Panamanian Ramón Fonseca on charges of accessory to tax evasion and forming a criminal organization. [25]
On May 19, 2015, Sanders introduced the College for All Act (S.1373), which would use a Robin Hood tax of 50 cents on every "$100 of stock trades on stock sales" to fund tuition at four-year public colleges and universities for students who meet admission standards.