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: | 2022 |
| Program name: | Retention and Modernization Tax Credit |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | LRS 51:2399.1 through 51:2399.6 |
| Abating jurisdiction(s): | State of Louisiana |
| Applicable taxes: | Individual Income Tax; Corporate Income Tax; Corporate Franchise Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | (no provisions for recapture) |
| Gross revenue loss: | $2,892,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $2,892,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.doa.la.gov/media/ofqdeujb/acfr-2022.pdf |
