Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Louisiana |
| Effected Jurisdiction: | Louisiana |
Jurisdiction type: | State |
| Fiscal year ending In: | 2020 |
| Program name: | Musical and Theatrical Production Income Tax Credit |
| Program purpose: | General Economic Development |
| Statutory authority: | LRS 47:6034 |
| Abating jurisdiction(s): | State of Louisiana |
| Applicable taxes: | Individual Income Tax; Corporate Income Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | Credits previously granted to a taxpayer but later disallowed by the LED may be recovered through any collection remedy authorized by LRS 47:1561. |
| Gross revenue loss: | $2,386,770 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $2,386,770 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.doa.la.gov/doa/osrap/annual-financial-report/ |
