Tax Break Tracker Individual Entry
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
Reporting Jurisdiction:
Louisiana
Jurisdiction type
:
State
:
Fiscal year ending In:
2019
Program name:
Ports Investor Tax Credits
Program purpose:
Port usage
:
Statutory authority:
LRS 47:6036
:
Abating jurisdiction(s):
State of Louisiana
:
Applicable taxes:
State Income and Corporate Franchise Tax
Method of abatement:
Tax credit
:
Provisions for recapture:
If the funds for which an investing company received credits are not invested and expended within the requirements of the agreement, the investing company's state income tax for such taxable period can be increased to recapture the credit.
:
Gross revenue loss:
$0
:
Reimbursement / offset:
$0
:
Net revenue loss:
$0
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
