Home News State New sales tax rate in effect

New sales tax rate in effect

520

Businesses required to change rates

Sean Green
BIZ Magazine

Louisiana’s overall state sales tax rate decreased from 5 percent to 4.45 percent effective Sunday, July 1.

The new rate, enabled by House Bill 10 of the third special legislative session, is to be levied upon the sale at retail, the use, the consumption, the distribution and the lease or rental of an item of tangible personal property; and upon the sale of services.

In the state’s third special session that ended June 24, state lawmakers approved a partial extension of the state’s temporary sales tax hike.

A 1-percent increase in the sales tax was scheduled to

OR
OR

Leave a Reply