- 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.
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