La. Revenue and Taxation § 47:63

Current with operative changes from the 2024 Third Special Legislative Session

Section 47:63 - Deductions from gross income; dividends received by corporations

In computing the net income of a corporation, deductions shall be allowed for the amount received as dividends from another corporation to the extent that such dividends have been earned within the State of Louisiana and the income from which paid has been taxed under this Chapter or under Act 21 of 1934, as amended.