Tag Archives: Louisiana Legislature

Louisiana Joins Fray in National Debate Over Online Remote Seller Sales Tax Nexus

Originally published by Tax Law360. Taxation by states of out-of-state online retail sales remains a hotly contested issue.  Louisiana is now part of that national sales tax nexus conversation. In March of 2016, during a special legislative session called by new Louisiana Governor John Bel Edwards (D) to address the State’s current budget shortfalls, the … Continue Reading

Special Legislative Session Called by Louisiana Governor To Address Taxes and Budget

Today, Louisiana Governor Edwards called for a special session of the Louisiana Legislature to begin on February 14, 2016 and end no later than March 9, 2016.  The session has been called to address the current year $700 million budget deficit and a number of tax issues, including: Amend the Constitution “relative to deductible items … Continue Reading

Louisiana Governor Outlines Short-Term and Long-Term “Options” to Tackle Budget Gaps

Newly elected Louisiana Governor John Bel Edwards recently outlined his short-term and long-term plans to close the $750 million budget gap in the current fiscal year and tackle the $1.9 billion gap in the upcoming fiscal year. The current fiscal year ends June 30. A full copy of the Governor’s plan showing short-term and long-term … Continue Reading

Louisiana Governor Releases Report on Fiscal Matters: A Preview of Potential Tax Changes

Louisiana Governor Edwards’ Transition Committee on Fiscal Matters released its much-anticipated report on the Louisiana budget and taxes. In order to address Louisiana’s structural deficit, the Transition Committee offered the following options to reform the Louisiana tax system: Reduce Louisiana’s individual income tax rates across the board, if the voters agree to eliminate the deduction … Continue Reading

Jones Walker SALT Partner Kimberly Robinson Named Secretary of Revenue for the State of Louisiana

Jones Walker State & Local Tax Partner Kimberly Lewis Robinson has been tapped by Louisiana Governor-elect John Bel Edwards to serve as the new Secretary of Revenue for the State of Louisiana. Kim ‘s appointment was announced yesterday afternoon by Governor-elect Edwards during a press conference in Baton Rouge. In her new role, Kim will lead … Continue Reading

2015 Louisiana Tax Amnesty Begins: New Department Guidance Published

Today, the 2015 tax amnesty program begins and will continue through December 15, 2015. In connection with the program, on November 3 the Louisiana Department of Revenue issued its Revenue Information Bulletin (RIB) No. 2015-037 providing taxpayers with specific information on this year’s amnesty. Notably, unlike the language of Act 822 (2014 Reg. Sess.) upon which the 2015 … Continue Reading

Louisiana Department of Revenue Is Incorrectly Interpreting and Applying the 28% NOL Reduction in HB 624 (Act 123)

As we reported in prior posts, the Louisiana Legislature passed several revenue raising bills this year in an attempt to address an apparent $1.6 billion budget hole for the 2016 fiscal year.  One of those new bills, HB 624 (now Act 123), provides a 28% reduction to certain corporate income tax exclusions and deductions, including … Continue Reading

Don’t Let the Louisiana Tax Amnesty Program Scare the Boo Out of You!

Trick or Treat!  Louisiana’s 2015 Tax Amnesty program begins at 12:00 AM on November 16, 2015 and closes on December 15, 2015.  The 2015 iteration of the amnesty program offers a 33% waiver of penalties and 17% waiver of interest for taxpayers that apply and pay 100% of delinquent taxes. Here’s a scary thought:  This … Continue Reading

District Court Holds that Chemical Association has Standing to Declare Business Utilities Resolution Unconstitutional

On Monday, October 2, Judge Michael Caldwell of the Nineteenth Judicial District Court for the Parish of East Baton Rouge ruled that the Louisiana Chemical Association (the “LCA”) has standing to challenge the constitutionality of House Concurrent Resolution No. 8 (“HCR 8”). Specifically, the court found that the LCA is permitted to sue on behalf … Continue Reading

Lawsuit Challenges Constitutionality of Recent Louisiana Business Utilities Sales Tax

House Concurrent Resolution No. 8 (“HCR 8”) suspends certain tax exemptions on “business utilities” for the tax periods beginning on or after July 1, 2015 through August 5, 2016. Pursuant to HCR 8, businesses will pay a one percent (1%) sales and use tax on their purchases of utilities. The types of business utilities, as interpreted by … Continue Reading

Business Taxpayers Get Cooked: Louisiana Legislature Temporarily Patches $1.6 Billion Budget Hole with Tax Changes

There’s a children’s book, “The Goose That Almost Got Cooked,” which tells the story of a Canadian goose who takes a break from her flight south for the winter to rest at a lovely farm where the other geese are fed three meals a day. The Canadian goose thinks this is the life until discovering one … Continue Reading

Your June Vacation Plans Are Now Toast! – Get Your 2014 Louisiana Income/Franchise Tax Returns Filed By June 30th!

  Attention business taxpayers! The Louisiana legislative session is now over, and your Summer plans have now changed.  Cancel your June beach trip, and prepare to get to work. ACTION ITEM:   You should consider filing your 2014 Louisiana Income Tax Returns and 2015 Louisiana Franchise Tax Returns by June 30, 2015 to avoid many of the … Continue Reading

Louisiana Tax Bills Pass Out of Senate Revenue & Fiscal Affairs Committee: Business Community Still Getting Its Goose Cooked

The Louisiana Legislature’s ever-evolving tax and revenue “gumbo pot” is now really getting hot!  And, as of this moment, the business community is still being served up as the main course. On May 18th, the Senate Revenue and Fiscal Affairs Committee moved forward several key tax bills that have already passed out of the Louisiana House of … Continue Reading

Pay Attention! Louisiana House and Senate Committees to Hear Several Key Tax Bills Next Week

Don’t blink! Pay close attention, because things are moving quickly right now at the Louisiana Legislature! The Senate Revenue and Fiscal Affairs Committee met Monday, May 11th to hear a series of tax bills, including bills to implement combined reporting and an add-back provision for corporate income tax and clean-up provisions for the Louisiana Board … Continue Reading

A Lot of Tax on the Menu! – Many Tax Bills Pass Out of Louisiana House Ways & Means Committee

We anticipated it was going to be a busy day for the folks at the Louisiana Legislature on Monday.  And they certainly didn’t disappoint! Tornadoes, thunderstorms, floods, and power outages couldn’t stop the Louisiana House Ways & Means Committee from meeting late into the night yesterday to discuss – and pass through – many tax bills, all in … Continue Reading

Louisiana House Ways & Means Committee to Discuss Combined Reporting, Add-Backs, NOL Carrybacks, and Refundable Tax Credits

Everyone should get ready for a very busy Monday at the Louisiana Legislature! On Monday, April 27th, at 9:00, the Louisiana House Ways & Means Committee will meet to discuss a number of tax bills.  Importantly, among the tax issues to be discussed are combined reporting (HB 775), statutory add-backs (HB 531), NOL carrybacks (HB 218), … Continue Reading

What’s on the Menu? – Prefiled Tax Bills for the 2015 Louisiana Legislative Session

There are a lot of cooks in the kitchen this year working on Louisiana tax legislation! The Louisiana Legislature convened the 2015 Regular Session at noon on Monday, April 13th. This is a fiscal session, meaning legislation dealing with taxes, exemptions, credits and deductions will be considered. Having reviewed the 290 bills that have been prefiled … Continue Reading

Kim Robinson Quoted by Bloomberg BNA Regarding Voluntary Disclosure Agreements

Kim Robinson, a partner in Jones Walker’s Baton Rouge office, was quoted extensively in Bloomberg BNA’s Tax Management Weekly State Tax Report in the article Louisiana Department of Revenue Finalizes Rules for Voluntary Disclosure Agreements (article available with subscription).  Kim’s comments addressed the new rules promulgated by the Louisiana Department of Revenue regarding the state’s voluntary disclosure program.  … Continue Reading

2015 Louisiana Tax Study Recommendations Presented to Louisiana Legislature Today

The 2015 Louisiana Tax Study Group, which was commissioned by the Louisiana Legislature and led by Dr. Jim Richardson, finally presented its much-anticipated report and recommendations today in a joint meeting before the House Committee on Ways and Means and the Senate Committee on Revenue and Fiscal Affairs. The executive summary of the 2015 Louisiana Tax … Continue Reading

Louisiana Governor Offers His Recipe for State Revenue Woes: Alter Refundable Tax Credits

Louisiana Governor Bobby Jindal today unveiled to lawmakers his new budget proposal for the next fiscal year. As was anticipated, Governor Jindal’s “recipe” for Louisiana’s current revenue and budget woes is, in part, to alter some of the state’s various refundable tax credit programs.  These proposed changes are being suggested by the Governor to help plug a … Continue Reading

Jay Adams Discusses New “Local” Louisiana Board of Tax Appeals and Possible Procedural Traps

In the above video, Jones Walker SALT partner Jay Adams explains a few highlights from recent Louisiana legislation regarding the new “local” Board of Tax Appeals (BTA) available to taxpayers for matters involving local sales/use tax assessments and refund claims, as well as possible new traps for taxpayers relating to appeals of local sales/use tax refund … Continue Reading

Remember to File Your BTA Petitions Before January 1, 2015 For Older “Deemed Denied” Louisiana Local Sales and Use Tax Refund Claims!

ACTION ITEM: Importantly, with regard to all older local sales/use tax refund claims filed on or before July 4, 2013, where the local collector has failed to act on the claim, those pending refund claims must be appealed to the BTA before January 1, 2015. As we noted in a prior post, the Louisiana legislature … Continue Reading

New Legislation Expands Jurisdiction of Louisiana Board of Tax Appeals

The Louisiana legislature and the Louisiana Board of Tax Appeals (the “BTA”) have been busy! On June 12, 2014, Louisiana Governor Bobby Jindal signed into law HB 863 (Act 640), which expands the jurisdiction of the Louisiana Board of Tax Appeals (the “BTA”) and changes a number of state and local tax procedures; most importantly, … Continue Reading
LexBlog