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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%.
Richard James Nelson (born May 20, 1986) is an American politician and current Secretary of the Louisiana Department of Revenue, appointed by Governor Jeff Landry. [1] He is an engineer, attorney and former Representative of the Louisiana House of Representatives representing Louisiana's 89th district from January 13, 2020, to January 8, 2024. [2]
Republican Gov. Jeff Landry's goal to repeal or reduce the Louisiana income tax and simplify the state's convoluted tax code will have to wait until at least next year after Legislative leaders ...
Louisiana lawmakers began debating bills Thursday that would revamp the state's tax code by lowering income taxes for all workers while adding sales taxes to services not currently taxed and ...
Act 412: Starting Jan. 1, 2025, unemployment benefits in Louisiana will range from 12 to 20 weeks, based on the state’s unemployment rate. Extended benefits are available for those in approved ...
State Tax Burdens 2022 % of income. State tax rules vary widely. The tax rate may be fixed for all income levels and taxpayers of a certain type, or it may be graduated. Tax rates may differ for individuals and corporations. Most states conform to federal rules for determining: gross income, timing of recognition of income and deductions,
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.
The opening of tax filing season is here, and the Louisiana Department of Revenue has issued guideline for expecting returns.
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