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Louisiana
By the Numbers

Louisiana Below is a snapshot of key features of Louisiana's tax system. (Scroll Down)
State & Local Revenue (FY10)
  • General Revenue, Own-Source (GROS): $26.2 billion
  • General Revenue as a Share of Income: 15.9%
  • Tax Revenue: $16.2 billion
  • Tax Revenue as Share of income: 9.8%
  • Personal Income Tax (Share of Tax Revenue): 14.2% (40 out of 51)
  • Corporate Income Tax (Share of Tax Revenue): 2.4 % ( 32 out of 51)
  • Sales & Excise Tax (Share of Tax Revenue): 53.9 % ( 3 out of 51)
  • Property Tax (Share of Tax Revenue): 20.9 % ( 46 out of 51)
  • Other Taxes (Share of Tax Revenue): 7.8 % (13 out of 51)
Personal Income Tax Features (2012)
  • Range of Tax Rates: 2.0% - 6.0%
  • Standard Deduction: None
  • Personal Exemption: None
  • Dependent Exemption: None
  • Earned Income Tax Credit (EITC): 3.5% Refundable
  • Deduction for federal income taxes paid
  • Deduction for state income taxes paid
Corporate Income Tax Features (2012)
  • Range of Tax Rates: 4.00% - 8.00%
  • Income Level at Which Top Rate Applies: $200,000
  • Combined Reporting: No
  • Apportionment Factor (Payroll): 0%
  • Apportionment Factor (Property): 0%
  • Apportionment Factor (Sales): 100%
  • Apportionment Note: Certain corporations (including manufacturers) use specified formula; all others use equally weighted formula
Sales Tax Features (2012)
  • State Sales Tax Rate: 4.00%
  • Average Local Sales Tax Rate: 4.75%
  • Average Combined State & Local Sales Tax Rate: 8.75%
  • State Sales Tax Treatment of Groceries: Exempt
  • Local Sales Tax Treatment of Groceries: Taxed
  • Number of Services Taxed: 55 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: No
  • Sales tax holiday offered in 2013
  • Vendor Compensation available without ceiling
  • Sales tax applies to digital goods and services
Property Tax Features (2012)
  • Provides one of the largest property tax homestead exemptions in the country
  • Large property tax exemptions for businesses provided via the "BETR" program.
Other Tax & Revenue Features (2012)
  • Gasoline Tax Rate (per gallon): $0.20
  • Diesel Tax Rate (per gallon): $0.20
  • Cigarette Tax Rate (per pack): $0.36
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $78 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: None

Last Updated October 4, 2012

Sources & Glossary