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Louisiana State Tax

Louisiana State Tax There are a number of taxes applicable to the state of Louisiana, which includes sales tax and three income brackets for personal income taxation.  Tax returns are due on April 15.

Louisiana state sales tax – 4%, (3.97% to the state and .03% for tourism promotion)

Louisiana state personal income tax 

Three income brackets for single filings

2% - first $12,500 of taxable income

4% - $12,501 - $50,000

6% - $50,001+

Louisiana state excise taxes

Taxes assessed on vehicles, alcohol, tobacco, gasoline and are in addition to federal excise taxes. 

$.18 package of cigarettes, $.08 - $.20 for cigars, $.33 for smoking tobacco, 20 for smokeless tobacco

$.66 tax per liter of liquor

$10 per 31 gallon barrel of beer

$.42 per liter of wine over 24% alcohol or sparkling wine, “Still Wine” 14-24% alcohol $.06 per liter.  Subject to $1.50 parish tax per liter.


Hazardous waste disposal (per ton)

$30 for waste generate in Louisiana

$40 for waste generated out of state

$100 for extremely hazardous materials

Louisiana State marijuana/drug taxes

$3.50 per gram of processed marijuana, 42.5 grams or more

Tax payments of this nature are made anonymously and signified by adding a tax stamp to the product.  This is a legally questionable tax due to the implications for self-incrimination for all that buy these stamps.  Nonpayment of drug tax adds tax evasion to any charges that a drug deal might face.

Louisiana estate tax 

Louisiana would only impose an estate tax if the federal estate tax were phased out.  This took effect on Jan 1, 2005.  All deaths prior to the new law are subject to taxation from the old Louisiana estate law.

Louisiana payroll taxes

State Disability Insurance – none

State Unemployment Insurance - .11% to 6.20%, wage base is $7,700.  Employer contribution is between 1.07% and 2.81%.

Louisiana state property tax

The Louisiana State property tax is collected at the local level, which assesses property.  Louisiana offers a homestead exemption on $7,500 of the person’s house, but does not apply to municipal taxes.  Due to this exemption, only properties work more than $75,000 is taxed.  Assessments are made based on 10% of the market value of the house.

Exemptions

There is an exemption of up to $6,000 retirement income for persons and couples over 65.  Most government pensions are not taxable.  Disability payments are also non-taxable income.

Corporate income tax

All corporations pay four percent on the first $25,000 of net income and then follow the following scale:

Five percent on the next $25,000

Six percent on the next $50,000

Seven percent on the next $100,000

Eight percent on the excess over $200,000

Misc

Military personnel are taxed by federal income tax laws, unless they make non-military income in Louisiana.  The military income is not used in determining income for taxation in Louisiana.  Military benefits are not taxed.

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