Legislation related to the franchise tax, inventory tax and corporate rebate and exemption programs are advancing in the Louisiana Legislature in an effort to simplify the tax code and make the state more competitive. If the franchise tax were repealed, then Louisiana would climb from 39th to 37th on the Tax Foundation’s State Business Tax
State’s corporate franchise and inventory taxes remain on chopping block
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
