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
On March 27th, the Louisiana Department of Revenue issued four policy statements for Louisiana taxpayers.
Specifically, the Department has amended the following tax regulations:
The Department’s voluntary disclosure agreement (VDA) regulation has been amended to clarify the meaning of the phrase “voluntary disclosure agreement” and to set forth
The Hinds County Chancery Court on March 20th invalidated the nexus-based restrictions contained within Mississippi’s dividend exclusion statute, finding the provisions violated the Commerce Clause.
A copy of the Court’s Order can be found here.
The Mississippi Department of Revenue and the taxpayer, AT&T, had stipulated that the statute, Miss. Code Section
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
Bill Backstrom and Jay Adams were quoted in yesterday’s Law360 article entitled Attorneys React To Supreme Court ‘Amazon Tax’ Ruling. In the article, Bill, head of Jones Walker’s Tax & Estates Practice Group and a partner in the firm’s New Orleans office, and Jay, a senior partner in Jones Walker’s New Orleans office,
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
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
In our prior post on the case of Pot-O-Gold Rentals, LLC v. City of Baton Rouge, we noted that we were hoping the Louisiana Supreme Court would hear this case in order to “clean up the mess” regarding the reach of the Louisiana lease tax and the scope of taxable “gross proceeds” (a term
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
November 13, 2014
Hilton Americas-Houston
We hope you are hungry! The Jones Walker LLP State & Local Tax team is back with a day-long program on November 13, 2014, titled Cooking with SALT: Key Ingredients Impacting State & Local Tax Issues. The team will cook up some of your favorites in the morning,