Louisiana Revised Statutes — Title 47 (Revenue and Taxation)
La. R.S. 47:32
Rates of tax
# A.
On individuals. The tax to be assessed, levied, collected, and paid upon the taxable income of an individual shall be computed at the rate of three percent on net income.
# B.
Repealed by Acts 2024, 3rd Ex. Sess., No. 11, §4, eff. Dec. 4, 2024.
# C.
On corporations. The tax to be assessed, levied, collected, and paid upon the taxable income of every corporation shall be computed at the rates provided for in R.S.
47:287.12.
Amended by Acts 1950, No. 445, §1; Acts 1968, No. 106, §2; Acts 1969, No. 124,
§1; Acts 1977, 1st Ex. Sess. No. 2, §1; Acts 2002, No. 51, §1, eff. Jan. 1, 2003; Acts 2008,
No. 396, §1, eff. June 22, 2008; Acts 2021, No. 395, §1, eff. Jan. 1, 2022; Acts 2021, No.
396, §1, eff. Jan. 1, 2022; Acts 2024, 3rd Ex. Sess., No. 11, §§2, 4, eff. Dec. 4, 2024.
Source: view the official text
In this chapter (8 sections)
- 47:31 · Individuals, corporations, and trusts subject to tax
- 47:32 · Rates of tax
- 47:32.1 · Repealed by Acts 2024, 3rd Ex. Sess., No. 11, §4, eff. Dec.…
- 47:33 · Credit for taxes paid in other states
- 47:34 · Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1,…
- 47:35 · Neighborhood assistance tax credit
- 47:37 · Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1,…
- 47:38 · Repealed by Acts 2009, No. 469, §2, effective July 9, 2009