Louisiana Administrative Code — Title 61 (Revenue and Taxation)

LAC 61:I.4101 — Imposition of Tax

A. This tax shall apply to any corporation engaging in the business of transporting natural gas by pipeline for hire, sale or use. The tax is equal to 1 percent of the gross receipts from the operation of its franchises or charters in this state. Gross receipts are as defined in R.S. 47:1032, 1033 and 1034, and these regulations pertaining thereto.

Last amended: HISTORICAL NOTE: Adopted by the Department of Revenue and Taxation, June 1973.

Source: official text