Louisiana Revised Statutes — Title 47 (Revenue and Taxation)
La. R.S. 47:58
Deductions from gross income; bad debts
Official textlegis.la.gov
In computing net income, deductions shall be allowed for debts which become worthless within the taxable year, or, in the discretion of the collector, for a reasonable addition to a reserve for bad debts; and when satisfied that a debt is recoverable only in part, the collector may allow such debt as a deduction in an amount not in excess of the amount charged off within the taxable year.
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In this chapter (40 sections)
- 47:45 · Exclusion from gross income; gifts and inheritances
- 47:46 · Exclusion from gross income; compensation for injuries or…
- 47:46.1 · Amounts received under accident and health plans
- 47:46.2 · Contributions by employer to accident and health plans
- 47:47 · Exclusion from gross income; rental value of minister's dwelling
- 47:48 · Exclusion from gross income; interest on Louisiana state or…
- 47:49 · Exclusion from gross income; scholarships and fellowship grants
- 47:50 · Exclusion from gross income; war contract renegotiation payments
- 47:51 · Exclusions from gross income; governmental subsidies
- 47:52 · Exclusion from gross income; compensation or retired pay…
- 47:53 · Exclusion from gross income; income from carriage on high seas
- 47:53.1 · Recovery of bad debts, prior taxes, and delinquency amounts
- 47:53.2 · Exclusion from gross income; income from discharge of…
- 47:53.3 · Repealed by Acts 1972, No. 729, §1
- 47:53.4 · Exclusions from gross income; amounts of purchase of…
- 47:53.5 · Exclusions from gross income; compensation for disaster…
- 47:54 · Deductions from gross income; interest
- 47:55 · Deductions from gross income; taxes generally
- 47:56 · Deductions from gross income; taxes on shareholders paid by…
- 47:57 · Deductions from gross income; charitable and other contributions
- 47:58 · Deductions from gross income; bad debts
- 47:59 · Deductions from gross income; alimony payments
- 47:59.1 · Deduction from gross income; adaptive home improvements
- 47:60 · Deductions from gross income; losses by individuals
- 47:60.1 · Deductions from gross income; casualty losses by individuals
- 47:61 · Deductions from gross income; losses by corporations
- 47:62 · Deductions from gross income; business expenses
- 47:63 · Deductions from gross income; dividends received by corporations
- 47:64 · Deductions from gross income; pension trusts
- 47:65 · Deductions from gross income; depreciation
- 47:66 · Deductions from gross income; depletion
- 47:67 · Deductions from gross income; charges in case of oil and gas…
- 47:68 · Deductions from gross income; optional standard deduction
- 47:69 · Repealed by Acts 1979, No. 586, §1
- 47:70 · Blank
- 47:71 · Limitations on deductions for losses from wagering and from…
- 47:72 · Limitations on deductions for capital losses
- 47:73 · Items not deductible; family transactions
- 47:74 · Items not deductible; shrinkage in value of life or terminable…
- 47:75 · Items not deductible; unpaid expenses and interest