- Louisiana enacted significant tax reform, including repealing the corporate franchise tax and expanding the sales tax base to digital products and SaaS
- Taxpayers should stay proactive and consult with their tax advisors for guidance on the new regulations
- Aprio’s State and Local Tax (SALT) team can help navigate the impact of these changes on businesses
- The corporate franchise tax repeal is effective for tax years starting January 1, 2026
- The Louisiana sales tax rate has increased to 5% until December 31, 2029, then will reduce to 4.75% from January 1, 2030
- Sales tax now applies to prewritten computer software access services, information services, and digital products transferred electronically
- Exemptions exist for certain digital products used in producing new products or taxable services
Source: aprio.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United States"
- Clarifying California Sales Tax Regulations for Software and Technology Transfer Agreements
- Washington Issues Tax Guidance for Pre-October 2025 Service Contracts Affected by New Legislation
- State-by-State Guide: Is Restaurant Food Taxable? Understanding Sales Tax on Prepared Meals
- Louisiana Sales and Use Tax on Digital Products and Services: August 2025 Update
- Illinois DOR Releases Updated Guidance on Destination-Based Sales Tax Collection and Remittance