Category Archives: Legislation
Subscribe to Legislation RSS FeedLouisiana Department of Revenue Issues Guidance on Income Tax Relief (and Notice Requirements) for Hurricane Ida Relief Work by Nonresident Businesses or Employees
The Louisiana Department of Revenue has now issued Revenue Information Bulletin (RIB) 21-020, which provides certain income tax relief (and notice requirements) relating to Hurricane Ida relief work performed in the State by nonresident businesses or employees. Louisiana law (Act 358, 2017 Reg. Sess.) provides for an income tax exclusion from either gross income or … Continue Reading
Two New Proposed Regulations Issued by the Louisiana Department of Revenue
The Louisiana Department of Revenue has now issued two new proposed regulations regarding: Electronic filing and payment requirements for consolidated sales tax returns; and Mandatory electronic filing requirements and electronic payment requirements relating to the Industrial Hemp-Derived CBD and Consumable Hemp Products Tax. Consolidated Sales Tax Returns – Electronic Filing and Payment Requirements: The … Continue Reading
Louisiana Governor Has Now Signed Law Removing 20-Year Carryover Limitation on Net Operating Loss (NOL) Deduction for Corporate Income Tax Purposes
Louisiana’s Governor, John Bel Edwards, has now signed into law SB 36 (enacted as Act 459), which eliminates the prior 20-year carryover period limitation imposed on the available deduction for net operating losses (NOLs) for Louisiana corporate income tax purposes. Act 459 amends La. R.S. 47:287.86(B) to provide that all NOL deductions claimed on any … Continue Reading
I Feel a Change Comin’ On: Louisiana’s 2021 Regular Session Legislative Wrap-Up
Louisiana’s Proposed Sales Tax Centralization Constitutional Amendment Has Passed the Legislature and Now Goes to a Vote of the People
New Louisiana De Minimis Mobile Workforce Exemption Bill Goes to Conference Committee
Jones Walker Presents: Louisiana Legislative Update 2021 – Register Now!
How to Accidentally Renege on Tax Incentives Agreements – the Consequences of Mississippi Income Tax Repeal
Mississippi House Passes Massive Sales Tax Increase on Business Inputs
Mississippi House bill would extend contractors tax to residential construction; Senate bill will require all contractors to register with DOR to obtain local building permit
Mississippi House advances offer in compromise legislation
Mississippi House, Senate move to eliminate June 25 advanced sales, use and payroll tax payments
Mississippi Should Follow New Federal Treatment of PPP Deductions
Mississippi Governor Proposes Elimination of Individual Income Tax
Don’t Miss This Webinar! Get the Scoop on Louisiana’s Efforts at Tax Reform
Louisiana Legislature Ratifies and Extends Governor’s Extension of Legal Deadlines
Mississippi DOR Reminds Taxpayers that Income Tax Returns are Due May 15
Beware Rigid Mississippi Local Tax Deadlines
Louisiana to Suspend Legislative Session
City of New Orleans Offering Amnesty Late Fee Forgiveness Program
June 2019 Louisiana Remote Sellers Commission Meeting Brings Good News and… No News
Louisiana’s New Remote Sellers Law: What Does H.B. 547 Have in Common with a Box of Donuts?
Louisiana’s Uniform Local Sales Tax Board Issues Adopted Regulation Regarding Uniform Voluntary Disclosure Program and Related Voluntary Disclosure Agreements (VDAs)
Louisiana’s Uniform Local Sales Tax Board (“ULSTB”) has now issued its adopted regulation at Louisiana Administrative Code (“LAC”) 72:I.105 (“Voluntary Disclosure Agreements”) regarding a uniform voluntary disclosure program and corresponding uniform voluntary disclosure agreement (VDA) for Louisiana local sales and use tax purposes. The final, adopted regulation contains the same language as the prior proposed … Continue Reading
