Archive for May, 2010

Revenue Information Bulletin 10-011 – 2010 Louisiana Hurricane Preparedness Sales Tax Holiday

The Louisiana Department of Revenue has issued Revenue Information Bulletin (RIB) 10-011, regarding the 2010 Louisiana Hurricane Preparedness Sales Tax Holiday.

The RIB defines important terms used in the enabling legislation, such as “storm shutter device,” “hotel” and “convenience store.”

La. Rev. Stat. Ann. § 47:305.58 provides for an annual state sales tax holiday on sales made on the last Saturday and Sunday of each May of hurricane-preparedness items or supplies. The sales tax holiday for 2010 will begin at 12:01 a.m. on Saturday, May 29, 2010, and will conclude at 11:59 p.m. on Sunday, May 30, 2010.

This statute provides that sales of otherwise eligible hurricane-preparedness items will not be eligible for exemption when sold at certain types of businesses, including “airports,” “public lodging establishments or hotels,” “convenience stores,” or “entertainment complexes.” The Department has promulgated a rule, Section 61:I.4423 of the Louisiana Administrative Code, to provide definitions of these four types of businesses for purposes of this exclusion.

R.S. 47:305.58, as enacted by Act 429 of 2007, provides that this holiday exemption applies to the four percent sales tax imposed by the State of Louisiana and, under terms of R.S. 47:337.8(B)(1), does not apply to sales and use taxes imposed by political subdivisions of the state.

Visit revenue.louisiana.gov to read the full text of RIB 10-011.

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2010 Louisiana Hurricane Preparedness Sales Tax Holiday – This Weekend, May 29 & 30

The 2010 Louisiana Hurricane Preparedness Sales Tax Holiday takes place on Saturday, May 29 and Sunday, May 30. During these two days, shoppers can get ready for the 2010 Atlantic Hurricane Season, which begins on June 1, by purchasing emergency supplies free from the four-percent state sales tax.

The tax holiday exempts from the state sales tax the first $1,500 of the sales price of each of the following items:

  • Self-powered light sources such as flashlights and candles
  • Portable self-powered radios, two-way radios and weather-band radios
  • Tarpaulins or other flexible waterproof sheeting
  • Ground anchor systems or tie-down kits
  • Gas or diesel fuel tanks
  • Batteries – AAA, AA, C, D, 6-volt or 9-volt (automobile batteries and boat batteries are not eligible)
  • Cellular phone batteries and chargers
  • Non-electric food storage coolers
  • Portable generators
  • Storm shutter devices – Materials and products manufactured, rated and marketed specifically for the purposes of preventing window damage from storms (La. R.S. 47:305.58)
  • Carbon monoxide detectors
  • Blue ice products

Local sales taxes still apply unless local taxing authorities have specifically exempted them.

Items purchased at airports, convenience stores, entertainment complexes, or at hotels or other public lodging establishments are not eligible for a tax exemption under the Louisiana Hurricane Preparedness Sales Tax Holiday.

For more information, visit the 2010 Louisiana Hurricane Preparedness Sales Tax Holiday page at www.revenue.louisiana.gov.

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LDR Video – 2010 Louisiana Hurricane Preparedness Sales Tax Holiday

The 2010 Louisiana Hurricane Preparedness Sales Tax Holiday takes place on Saturday, May 29 and Sunday, May 30. During these two days, shoppers can get ready for the 2010 Atlantic Hurricane Season, which begins on June 1, by purchasing emergency supplies free from the four-percent state sales tax.

Learn more at revenue.louisiana.gov.

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Times-Picayune: ‘Upcoming sales tax holiday aims to help Louisiana residents prepare for hurricane season’

The Times-Picayune has an informative story about this year’s Louisiana Hurricane Preparedness Sales Tax Holiday:

The 2010 Atlantic hurricane season is rapidly approaching, and a sales tax holiday scheduled for later this month is aimed at helping area residents prepare.

For the third year running, the Louisiana Hurricane Preparedness Sales Tax Holiday will take place the last weekend in May. This year, the holiday falls on May 29 and 30.

The tax-free weekend is provided for by Louisiana Revised Statue 47:305.58, which was implemented three years ago to help residents better prepare for the June 1 start of hurricane season.

Hurricane supplies including batteries, flashlights, self-powered radios and storm shutter devices can be purchased free of the state’s sales tax on those two days.

“The tax holiday exempts the 4 percent state sales tax on the first $1,500 on (each) items’ cost,” said Byron Henderson, Louisiana Department of Revenue spokesman.

More at Nola.com.

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LDR representatives at IRS Open House on Saturday, May 15

Representatives of the Louisiana Department of Revenue (LDR) will be available to answer general tax questions and provide general tax assistance during IRS Open House meetings in Baton Rouge and Shreveport on Saturday, May 15.

LDR representatives, equipped with the state’s Mobile Tax Service tablet PCs, will provide assistance to Louisiana taxpayers who have questions related to their state individual or business tax accounts.

The IRS Open House on May 15 is the first of three events scheduled through the end of June. The next two are planned for Saturday, June 5 and Saturday, June 26.  LDR will have representatives at those events, as well.   

The locations of the Baton Rouge and Shreveport IRS offices are:

Baton Rouge – 2600 Citiplace Centre
Baton Rouge, LA. 70808

Shreveport – 3007 Knight Street
Shreveport, LA 71105

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Louisiana state income tax filing deadline is May 17

BATON ROUGE – Louisiana’s individual state income tax filing deadline is Monday, May 17.

The fastest, easiest way to file state income taxes is through Louisiana File Online, the free web application from the Louisiana Department of Revenue.

With Louisiana File Online, taxpayers can manage many different aspects of their accounts, including:

  • Filing returns online
  • Paying taxes electronically
  • Checking the status of a refund
  • Amending prior-year returns
  • Uploading supporting materials, such as receipts and other scanned documents
  • Requesting a filing extension

Anyone needing a filing extension for returns due on May 17 must submit their requests on or before the due date. 

Copies of federal filing extensions filed with the IRS are also acceptable. Mail copies to:

    Return Extension
    Louisiana Department of Revenue
    P.O. Box 751
    Baton Rouge, LA 70821

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LDR News Release – 2010 Louisiana Hurricane Preparedness Sales Tax Holiday, May 29 & 30

May 5, 2010

BATON ROUGE – The 2010 Louisiana Hurricane Preparedness Sales Tax Holiday takes place on Saturday, May 29 and Sunday, May 30.  During these two days, shoppers can get ready for the 2010 Atlantic Hurricane Season, which begins on June 1, by purchasing emergency supplies free from the four-percent state sales tax.

The tax holiday exempts from the state sales tax the first $1,500 of the sales price of each of the following items:

  • Self-powered light sources such as flashlights and candles
  • Portable self-powered radios, two-way radios and weather-band radios
  • Tarpaulins or other flexible waterproof sheeting
  • Ground anchor systems or tie-down kits
  • Gas or diesel fuel tanks
  • Batteries – AAA, AA, C, D, 6-volt or 9-volt (automobile batteries and boat batteries are not eligible)
  • Cellular phone batteries and chargers
  • Non-electric food storage coolers
  • Portable generators
  • Storm shutter devices – Materials and products manufactured, rated and marketed specifically for the purposes of preventing window damage from storms (La. R.S. 47:305.58)
  • Carbon monoxide detectors
  • Blue ice products

Local sales taxes still apply unless local taxing authorities have specifically exempted them.

Items purchased at airports, convenience stores, entertainment complexes, or at hotels or other public lodging establishments are not eligible for a tax exemption under the Louisiana Hurricane Preparedness Sales Tax Holiday.

For more information, visit the 2010 Louisiana Hurricane Preparedness Sales Tax Holiday page at www.revenue.louisiana.gov.

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Revenue Information Bulletin 10-010: Natural Gas Severance Tax Rate Effective July 1, 2010

The Louisiana Department of Revenue has issued Revenue Information Bulletin (RIB) No. 10-010 concerning the severance tax rate on natural gas to be paid during the period July 1, 2010 through June 30, 2011.  The tax rate is calculated in accordance with La. R.S. 47:633(9)(d)(i).


Revenue Information Bulletin No. 10-010

May 4, 2010

Severance Tax

The natural gas severance tax rate effective July 1, 2010, through June 30, 2011, has been set at 16.4 cents per thousand cubic feet (MCF) measured at a base pressure of 15.025 pounds per square inch absolute and at the temperature base of 60 degrees Fahrenheit.

This tax rate is set each year by multiplying the natural gas severance tax base rate of 7 cents per MCF by the “gas base rate adjustment” determined by the Secretary of the Department of Natural Resources in accordance with R.S. 47:633(9)(d)(i). The “gas base rate adjustment” is a fraction, of which the numerator is the average of the New York Mercantile Exchange (NYMEX) Henry Hub settled price on the last trading day for the month, as reported in the Wall Street Journal for the previous 12-month period ending on March 31, and the denominator is the average of the monthly average spot market prices of gas fuels delivered into the pipelines in Louisiana as reported by the Natural Gas Clearing House for the 12-month period ending March 31, 1990 (1.7446 $/MMBTU).

Based on this computation, the Secretary of the Department of Natural Resources has determined the natural gas severance “gas base rate adjustment” for April 1, 2009, through March 31, 2010, to be 234.39 percent. Applying this gas base rate adjustment to the base tax rate of 7 cents per MCF produces a tax rate of 16.4 cents per MCF effective July 1, 2010, through June 30, 2011. The reduced natural gas severance tax rates provided for in R.S. 47:633(9)(b) and (c) remain the same.

Revised reporting forms will be distributed as soon as they are available. Questions concerning the natural gas severance tax rate should be directed to the Department of Revenue at 225-219-7462.

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IRS: ‘Open House on Saturday May 15 to Help Small Businesses,’

IRS offices in Baton Rouge, New Orleans and Shreveport will be open on Saturday, May 15 to assist individuals and small business with tax problems.


IR-2010-55, May 3, 2010

WASHINGTON —The Internal Revenue Service will host a special nationwide Open House on Saturday May 15 to help small businesses and individuals solve tax problems.

Approximately 200 IRS offices, at least one in every state, will be open May 15 from 9 a.m. to 2 p.m. local time. IRS staff will be available on site or by telephone to help taxpayers work through their problems and walk out with solutions.

“Our goal is to resolve issues on the spot so small businesses and individuals can put any issues they have with the IRS behind them,” IRS Commissioner Doug Shulman said. “If you have a problem filing or paying your taxes or resolving a tough tax issue, we encourage you to come in and work with us.”

IRS locations will be equipped to handle issues involving notices and payments, return preparation, audits and a variety of other issues. At a previous IRS Open House on March 27, approximately two-thirds of taxpayers requested and received assistance with payments and notices.

So, for example, a taxpayer who cannot pay a tax balance due can discuss with an IRS professional whether an installment agreement is appropriate and, if so, fill out the paperwork then and there. Assistance with offers-in-compromise will also be available. Likewise, a taxpayer struggling to complete a certain IRS form or schedule can work directly with IRS staff to get the job done.

At the March 27 Open House, 88 percent of the taxpayers who came in for help had their issues resolved the same day.

Locations for the May 15 Open House are listed on the IRS website, IRS.gov.

The Open House on May 15 is the first of three events scheduled through the end of June. The next two are planned for Saturday, June 5 and Saturday, June 26. Details regarding those events will be available soon.


In Louisiana, the locations are:

Baton Rouge: 2600 Citiplace Centre
Baton Rouge, LA. 70808

New Orleans: 1555 Poydras Street
New Orleans, LA 70112

Shreveport: 3007 Knoght Street
Shreveport, LA 71105

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