Sales and Use Taxes in Louisiana were first introduced in 1938, following the financial pressures of the Great Depression. Similar to other states at the time, Louisiana adopted the sales tax as a means to raise state revenue in a period of economic distress. Initially, the tax was limited to tangible personal property, but as the state economy grew, the scope of taxable items expanded.
Source Innovate Tax
Click on the logo to visit the website
Latest Posts in "United States"
- South Dakota Clarifies Use Tax Requirements for Out-of-State Materials
- Digital Advertising Services Taxes: States Catch Up and Look Ahead
- Understanding Utility Sales Tax Exemptions: Are Your Business Utilities Tax-Exempt?
- Are Shipping Charges Subject to Sales Tax in South Carolina?
- Are Shipping Charges Subject to Sales Tax in Missouri?
