Louisiana Revised Statutes — Title 47 (Revenue and Taxation)
La. R.S. 47:247
Allowance of deductions and credits
Official textlegis.la.gov
A corporation shall receive the benefit of the deductions and credits allowed to it in this Chapter only by filing or causing to be filed with the collector a true and accurate return of its total income received from all sources in the United States, in the manner prescribed in this Chapter, including therein all the information which the collector may deem necessary for the calculation of such deductions and credits.
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In this chapter (9 sections)
- 47:241 · Net income subject to tax
- 47:242 · Segregation of items of gross income
- 47:243 · Computation of net allocable income from Louisiana sources
- 47:244 · Computation of net apportionable income from Louisiana sources
- 47:245 · Determination of Louisiana apportionment percent
- 47:246 · Corporations; deduction from net income from Louisiana sources
- 47:247 · Allowance of deductions and credits
- 47:248 · Exemption for certain nonresident individuals; mobile workforce
- 47:249 · Repealed by Acts 1968, No. 106, §10