Category Archives: Tax News

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JW SALT Team Presents Webinar: Legislative Update 2020 – Get the Scoop on Louisiana’s Efforts at Tax Reform

By Jones Walker LLP on Posted in Jones Walker Announcements, Presentations, Tax News
With a heavily business-friendly state legislature, before the pandemic, significant pro-business tax reform was on the legislative agenda. Please join members of the Jones Walker SALT team and special guest Senator R.L. “Bret” Allain, II, Louisiana State Senate, as we discuss what did pass, what did not, and what the future may hold for further … Continue Reading

Reminder! JW SALT Team Presents “Now is the Time! 5 Steps to Restart Your Tax Department” Webinar

By cfarley on Posted in Jones Walker Announcements, Tax News
There is still time to register! As we slowly begin the long process of returning to our offices, it will be very important to have a clearly defined and organized approach to identify upcoming deadlines and document important changes to our core businesses. Please join the Jones Walker SALT team as we discuss these practical issues, including … Continue Reading

Louisiana Tax Commission Issues Additional Guidance on Property Tax Filing Deadlines

By Matt Mantle on Posted in Administrative Pronouncements, Tax News, Tax Procedure
Today, in compliance with Proclamation No. JBE 2020-59, which was issued by Governor Edwards on May 14, 2020, the Louisiana Tax Commission (LTC) issued Statewide Advisory 05-2020 explaining that JBE 2020-59 continues the suspension of the statutory April 1, 2020 deadline for filing personal property renditions with local assessors (for property owners other than public … Continue Reading

Mississippi DOR Sets July 15 Income Tax Filing Deadlines

By John Fletcher on Posted in Tax News
This morning the Mississippi Department of Revenue issued a notice reversing course and setting Mississippi’s income tax filing deadlines for July 15 to coincide with the federal due dates. This applies to individual, corporate and fiduciary returns, and covers return extensions as well as estimated payments for both Q1 and Q2. We now have an … Continue Reading

Mississippi Legislature will reconvene the 2020 Legislative Session on Monday, May 18

By John Fletcher on Posted in Tax News
Reposted from Mississippi Lt. Gov. Delbert Hosemann’s Facebook page: COVID-19 Update: By agreement of Lieutenant Governor Delbert Hosemann and Speaker of the House Philip Gunn, the Mississippi Legislature will reconvene the 2020 legislative session on Monday, May 18. The Legislature recessed its 125-day session temporarily on March 18, following the governor’s issuance of a state … Continue Reading

Jay Adams and Joe Landry Discuss Property Tax Relief for Louisiana Business Property

By Jay Adams and Joe Landry on Posted in Regulations, Tax News, Tax Procedure
Property Tax Relief for Louisiana Business Property by Jay Adams and Joe Landry Reprinted from Tax Notes State, April 27, 2020, p. 537 Volume 96, Number 4 April 27, 2020 Through multiple proclamations, Louisiana Gov. John Bel Edwards (D) ordered that nonessential businesses close their doors or limit their operations, including restaurants, hotels, casinos, retail … Continue Reading

Reminder: Not All Louisiana Sales Tax Return Deadlines Have Been Extended

By Andre Burvant and Cami Fergus on Posted in Regulations, Tax News
In response to increasing pressures on businesses caused by the COVID-19 pandemic, the Louisiana Department of Revenue has issued several Revenue Rulings and Revenue Information Bulletins to extend specific filing and payment deadlines for certain state taxes. On March 19, 2020, the Louisiana Department of Revenue issued Revenue Information Bulletin No. 20-008  to provide guidance on filing … Continue Reading

BCI Delays Deadlines For Incentive Programs

By Jay Adams on Posted in Tax News
On Tuesday, April 21, 2020, the Louisiana Board of Commerce and Industry (“BCI”) held a special meeting via teleconference to consider a Motion to Suspend All Deadlines (the “Motion”). The Motion extends all deadlines related to advance notifications, applications, compliance documentation, other contractual documents and Industrial Tax Exemption Program local notices of action that are … Continue Reading

Louisiana Department of Revenue Extends April 25, 2020 Severance Tax Filing and Payment Deadline to June 25, 2020: Automatic Extension with No Penalties or Interest

By Matt Mantle and Andre Burvant on Posted in Administrative Pronouncements, Tax News, Tax Procedure
Today, the Louisiana Department of Revenue issued Revenue Information Bulletin (“RIB”) No. 20-011, which provides filing and payment extension relief for monthly Louisiana severance tax returns, payments, and reports due on April 25, 2020. The RIB provides that the filing and payment deadline for the February 2020 monthly oil and gas severance tax return, which … Continue Reading

Louisiana Tax Commission Sets Dates and Schedule for 2021 Rules and Regulations Process

By Jay Adams on Posted in Tax News
The Louisiana Tax Commission has set the dates and schedule for its 2021 Rules and Regulations process. During this annual process, the Commission receives and considers proposals to amend its Rules and Regulations submitted by assessors, including the Louisiana Assessors Association, by the Commission’s own staff and by taxpayers. The proposals vary from ministerial amendments … Continue Reading

BTA Notice Regarding Status Conferences

By Jay Adams on Posted in Tax News
The Louisiana Board of Tax Appeals is canceling all status conference set for April 28, 29, and 30, 2020. All will be rescheduled for a later date. At this time, we are unsure what date your status conference will be rescheduled. Once a date is determined, the Board will serve notice of the date and … Continue Reading

Louisiana Tax Commission Issues Additional Guidance on Hearings and Property Tax Filing Deadlines

By Jay Adams, Bill Backstrom and Matt Mantle on Posted in Tax News, Tax Procedure
Today, in compliance with Proclamation No. JBE 2020-41, which was issued by Governor Edwards on April 2, 2020, the Louisiana Tax Commission (LTC) issued Statewide Advisory 03-2020 providing for the continued suspension and continuance without date of all LTC appeal hearings. The LTC will continue to meet telephonically to consider ad valorem property tax change … Continue Reading

COVID-19 Corporate Income and Franchise Tax Filing and Payment Extensions

By Jones Walker LLP on Posted in Tax News
The following link is a chart of information on the COVID-19 corporate income and franchise tax filing and payment extensions, as well as sales and use tax extensions, for Alabama, Washington D.C., Florida, Georgia, Louisiana, Mississippi, and Texas. The chart will be updated as more information becomes available. COVID-19 State File and Pay Extensions *Updated … Continue Reading

Mississippi Department of Revenue Issues Updated COVID-19 Guidance, Extended Deadlines, Telework Nexus Forbearance

By John Fletcher on Posted in Tax News
This afternoon the Mississippi Department of Revenue issued a notice containing updated information related to multiple extended filing deadlines and audit procedures. Among the changes are the following: Income and franchise tax filing deadlines remain extended to May 15 (no change from prior notice) Sales and use tax return filing deadlines remain unchanged, but interest … Continue Reading

Assessors Extend LAT Filing Deadline Until May 1, 2020

By Jay Adams on Posted in Tax News
On March 25, 2020, Orleans Parish Assessor Erroll Williams extended the deadline to file LAT 5 forms until May 1, 2020.  Similarly, Randy Sexton, Assessor of Iberville Parish, also extended the LAT 5 deadline until May 1st.  Wendy Aguillard, Assessor of Calcasieu Parish, extended the due date for all LAT forms, including LAT 5 forms, … Continue Reading

Louisiana Tax Commission Issues Guidance on Hearings and Property Tax Filing Deadlines

By Bill Backstrom on Posted in Tax News
Today, in compliance with Proclamation No. JBE 2020-30, which was issued by Governor Edwards on March 16, 2020, the Louisiana Tax Commission (LTC) issued Statewide Advisory 02-2020 suspending and continuing without date all LTC appeal hearings. The LTC will continue to meet telephonically to consider ad valorem property tax change order requests, tax sale certifications … Continue Reading

US Tax Court Cancels May Trials

By Jones Walker LLP on Posted in Tax News
The US Tax Court cancels all May trials. The eAccess and eFiling systems remain operational and the Court will continue to process items received electronically, serve orders and opinions, enter and serve decisions, work with litigants, and receive telephone calls. Please continue to monitor the Court’s website for updates and information. If you have any … Continue Reading

In Response to COVID-19, Alabama Department of Revenue Extends Deadlines to July 15, 2020 for Filing and Payment of Alabama Individual Income Tax, Corporate Income Tax, Financial Institution Excise Tax, and Business Privilege Tax

By Matt Mantle on Posted in Tax News, Tax Procedure
Today, March 23, 2020, the Alabama Department of Revenue (ADOR) issued an Order in response to the COVID-19 crisis confirming that the due date for filing Alabama state Individual Income Tax or Corporate Income Tax (collectively, “State Income Tax”), Financial Institution Excise Tax (FEIT), or Business Privilege Tax (BPT) returns and making corresponding State Income … Continue Reading

MS Extends Income Tax Filing Deadlines to May 15

By John Fletcher on Posted in Tax News
Mississippi extends income tax filing deadlines to May 15. This DOES NOT coincide with federal dates due to fiscal year restrictions. In consultation with Governor Tate Reeves and our legislative leadership, The Mississippi Department of Revenue is providing relief to individual and business taxpayers due to the COVID-19 pandemic. The deadline to file and pay … Continue Reading

LDR Issues New Guidance on Filing and Extension Relief for Certain Taxes Due March 20

By Andre Burvant on Posted in Tax News
The Louisiana Department of Revenue issued Revenue Information Bulletin No. 20-008 today to provide guidance on filing and extension relief for certain taxes due on March 20, 2020 and to provide other important information on matters related to COVID-19. The RIB addresses extensions for filing returns and paying February 2020 state sales tax and excise … Continue Reading

Beware Rigid Mississippi Local Tax Deadlines

By John Fletcher on Posted in Judicial Decisions, Legislation, Tax News
The Mississippi Department of Revenue has been very active in informing the public of tax-related developments resulting from the COVID-19 pandemic.  All taxpayers are encouraged to follow them on social media such as Facebook and Twitter as those appear to be their primary and most easily accessible means of conveying information to the public at … Continue Reading

Louisiana to Suspend Legislative Session

By Jones Walker LLP on Posted in Judicial Decisions, Legislation, Tax News
As confirmed by a spokesman for Speaker Schexnayder, the Louisiana legislature passed resolutions to suspend its business until March 31. This comes after a series of increasingly tough restrictions on public gatherings and commercial activity were announced over the weekend, and only days after legislative leadership issued a statement saying they anticipated to carry on … Continue Reading
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