State & Local Tax Partners, Jesse R. “Jay” Adams, III, William M. Backstrom,Jr., John F. Fletcher, and Kimberly Lewis Robinson, were all quoted in the recent Bloomberg BNA article, “Corporate Taxpayers Face Changes in Louisiana, Mississippi, Attorneys Say.” The partners discuss how legislative sessions in 2014 and 2015 and some notable
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
Ready, Set, Hut! The JW SALT Team is back in Houston for the 7th Annual State & Local Tax Seminar!
Ready, set, hut! The Jones Walker LLP State & Local Tax team is back with a day-long program on October 8, 2015, titled SALT Gameday: Key Plays in State & Local Tax. The team will tackle some big issues in the morning, including state and local tax procedure and the legislative developments in Louisiana and
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
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
We Put Down the SALT for a Little Something Sweet! – National Doughnut Day 2015
Our own Bill Backstrom enjoys a tasty treat in honor of National Doughnut Day!
In honor of the 77th annual celebration of National Doughnut Day, the New Orleans contingent of the Jones Walker SALT Team brought in their favorite doughnuts from all over the City. And while it appears there is still some ongoing
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
Louisiana House Serves Up Revenue Raising Bills to the Senate
The Louisiana House of Representatives took a major step yesterday in addressing the $1.6 billion budget hole for the 2016 fiscal year. All in, the House moved forward approximately $664 million in revenue raising bills, in spite of many protests by business and industry representatives. While the stated goal of many legislators was to have
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
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