Louisiana Department of Revenue, Louisiana Tax
Louisiana Business Corporate Tax, Louisiana Personal Income Tax, Louisiana Sales Tax Rates
What is the Louisiana Corporate net income tax rate(s)?
200,000 + 8%
Louisiana also has a franchise tax of $1.50 for each $1000 of assets in the State of Louisiana. It goes to $3 per $1000 after $300,000 of equipment.
What is the Louisiana personal net income tax rate(s)?
50,000 + 6%
What is the average Louisiana sales tax rate(s)?
8.43% The state has a 4% tax, but the average local tax is 4.43% making a total of 8.43%.
Are there standard deductions?
Are there personal exemptions?
What forms do you file for your Louisiana taxes?
C corporations: Form CIFT – 620
Partnerships: Form 65, Schedule K1
Individual: Form IT-540
Estimated tax payments?
Form CIFT 620EXT for corporations with more than $500 in tax liability. Louisiana follows the IRS standards for estimated payments. If you will owe $500 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won’t make as much in the current year. Individual estimated tax payments are done with form IT-540ES
Louisiana Department of Revenue:
Louisiana Department of Revenue
PO Box 201
617 North Third Street
Baton Rouge, LA 70821
Louisiana Department of Revenue Website
If you use Northwest Registered Agent as your Louisiana non profits for only $100.