La. Admin. Code tit. 61 § V-3305

Current through Register Vol. 50, No. 6, June 20, 2024

Section V-3305 - Listing and Assessing of Stock; Place (Multi-Parish Branch Offices)

A. When any bank, banking company, firm, association, corporation or capital stock association operates one or more branch office(s) in any parish or parishes other than the parish of its legal domicile, its assessment shall be divided for state and local purposes, and the number of shares of stock or fractions thereof, to be assessed in each parish in which such branches are maintained shall be determined by the proportion which the capital stock assigned to each branch shall bear to the whole of capital stock. (R.S. 47:1968 and R.S. 6:943)

La. Admin. Code tit. 61, § V-3305

Promulgated by the Department of Revenue and Taxation, Tax Commission, LR 13:249 (April 1987), amended LR 16:1064 (December 1990).

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:1967, R.S. 47:1968, R.S. 47:1969, R.S. 6:942, R.S. 6:943 and R.S. 6:944.