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:
Procurement Processing Company Rebate
Program purpose:
Business attraction/retention
:
Statutory authority:
LRS 47:6351
:
Abating jurisdiction(s):
State of Louisiana
:
Applicable taxes:
Sales and Use Tax
Method of abatement:
Tax rebate
:
Provisions for recapture:
If after a rebate has been paid, and it is determined that certain items did not constitute new taxable sales, the amount rebated for those items shall be recaptured from the company, subject to the prescriptive period set forth in LRS 47:1561.2.
:
Gross revenue loss:
$20,213,217
:
Reimbursement / offset:
$0
:
Net revenue loss:
$20,213,217
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
