lra Recent News

Louisiana Restaurant Association
  • About Us
    • Upcoming Events
    • Leadership >
      • Past LRA Chairs
    • Advertising & Media
    • LRA Staff Directory
    • LRA Recent News
    • Contact Us
  • Membership
    • COVID
    • Benefits
    • Membership Application
    • Advocacy
    • Chapters
    • Louisiana Restaurant Legends
    • ADA Compliance Disclaimer
    • Member Login
  • Training
    • ServSafe Foodservice Manager
    • ServSafe Alcohol
    • ServSafe Allergens
    • ServSafe Food Handler
    • ServSuccess
    • Manage My Restaurant
  • LRA SIF
    • Agents & Brokers
    • Leadership
    • Coverages
    • Claims
    • Loss Prevention
    • Questionnaire
    • Audits
    • LRA SIF Staff Directory
    • Contact Us
  • Showcase
    • Attendees >
      • 2021 Exhibitor List
    • Exhibitors
    • Be a Sponsor
    • Floor Plan
    • Hotels & Travel
    • Contact Us
  • Education
    • About Us
    • ProStart
    • Giving
    • Scholarships
    • Annual Partners
    • Contact Us
  • Job Bank

Louisiana State Sales Tax Change, Effective July 1

6/27/2018

 
The Louisiana Legislature has enacted a sales tax bill in response to the state's budget crisis. Act 1 of the 2018 Third Extraordinary Session of the Louisiana Legislature is effective Sunday, July 1, 2018. The new state sales tax rate will be 4.45%, down from the current 5% state sales tax rate. In addition, they have continued to suspend many exemptions from the sales tax, but have aligned and expanded the exemptions that will remain effective as of July 1. Now, rather than having five different tax rates related to various exemptions, we will just have two rates, zero or 4.45% for most purchases. 
 
State sales tax exemptions of note include the following, effective July 1, 2018:
  • Purchases of tangible personal property for lease or rental - now fully exempt, down from the current 2%.
  • Other constructions permanently attached to the ground - now fully exempt, down from the current 2%.
The one outlier for the state sales tax rate is business utilities, which will be taxed for state purposes at 2%, down from the current 4%. Act 1 also brings relief to the tax return filing process as it will eliminate the need for several of the schedules now being used when filing state sales tax returns. 
 
The .45% sales tax imposed at La. R.S. §47:321.1 and the suspension of various sales tax exemptions will sunset on June 30, 2025. 


Comments are closed.

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017

    Categories

    All
    Boil Water Advisory
    Capitol Connection
    Chapter Awards
    Chapter Fundraisers
    Educational
    Emergency
    EMV
    Endorsed Providers
    EXPO
    Food News
    Food Recall
    Health Care
    LRA SIF
    ProStart
    Restaurant Legends
    Scholarships
    Workforce Development

    RSS Feed

ADA Compliance Disclaimer
Privacy Policy 
 Copyright Louisiana Restaurant Association.  All Rights Reserved.
2700 N. Arnoult Road | Metairie, LA  70002
Phone: (504) 454-2277  | sitemap
MemberClicks
  • About Us
    • Upcoming Events
    • Leadership >
      • Past LRA Chairs
    • Advertising & Media
    • LRA Staff Directory
    • LRA Recent News
    • Contact Us
  • Membership
    • COVID
    • Benefits
    • Membership Application
    • Advocacy
    • Chapters
    • Louisiana Restaurant Legends
    • ADA Compliance Disclaimer
    • Member Login
  • Training
    • ServSafe Foodservice Manager
    • ServSafe Alcohol
    • ServSafe Allergens
    • ServSafe Food Handler
    • ServSuccess
    • Manage My Restaurant
  • LRA SIF
    • Agents & Brokers
    • Leadership
    • Coverages
    • Claims
    • Loss Prevention
    • Questionnaire
    • Audits
    • LRA SIF Staff Directory
    • Contact Us
  • Showcase
    • Attendees >
      • 2021 Exhibitor List
    • Exhibitors
    • Be a Sponsor
    • Floor Plan
    • Hotels & Travel
    • Contact Us
  • Education
    • About Us
    • ProStart
    • Giving
    • Scholarships
    • Annual Partners
    • Contact Us
  • Job Bank