Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
Section 47:287.12 - Rates of taxThe tax to be assessed, levied, collected, and paid upon the Louisiana taxable income of every corporation shall be computed at the rate of:
(1) Three and one-half percent upon the first fifty thousand dollars of Louisiana taxable income.(2) Five and one-half percent on the amount of Louisiana taxable income above fifty thousand dollars but not in excess of one hundred fifty thousand dollars.(3) Seven and one-half percent on the amount of Louisiana taxable income above one hundred fifty thousand dollars.La. Revenue and Taxation § 47:287.12
Acts 1986, 1st Ex. Sess., No. 16, §1, eff. Dec. 24, 1986; Acts 2016, 1st Ex. Sess., No. 8, §1; Acts 2021, No. 396, §1, eff. Jan. 1, 2022.Amended by Acts 2021, No. 396,s. 1, eff. 1/1/2022.Amended by Acts 2016EX1, No. 8,s. 1, eff. 1/1/2017.Acts 1986, 1st Ex. Sess., No. 16, §1, eff. 12/24/1986.