Archive for Notice of Intent

Notice of Intent – Remittance of Tax Under Protest, Suit or Petitions to Recover

The Louisiana Department of Revenue has issued Notice of Intent LAC 61:I:4907 – Remittance of Tax Under Protest, Suit or Petitions to Recover.

The primary purpose of this proposed regulation is to amend LAC 61:I.4907 relative to changes resulting from Act 198 of the 2014 Regular Session of the Louisiana Legislature and to more accurately align the regulation with the provisions of R.S. 47:1576.

Click here to read the full text of Notice of Intent LAC 61:I:4907

 

Comments

Notice of Intent – Income Tax Credits for Solar Energy Systems

The Louisiana Department of Revenue has issued Notice of Intent LAC 61:I:1907 – Income Tax Credits for Solar Energy Systems.

The primary purpose of this proposed regulation is to amend LAC 61:I.1907 to update the income tax regulation relative to changes resulting from Act 428 of the 2013 Regular Session of the Louisiana Legislature.

Click here to read the full text of LAC 61:I:1907.

Comments

Notice of Intent: Income Tax Credits for Wind or Solar Energy Systems

The Louisiana Department of Revenue has posted the Notice of Intent for a proposed rule regarding LAC 61:I.1907, Income Tax Credits for Wind or Solar Energy Systems.

The proposed rule accomplishes the following:

  • Clarifying the meaning of the term “energy system.”
  • Clarifying the definitions of residential sites where energy systems are installed
  • Clarifying the items eligible for reimbursement
  • Ensuring a credit cannot be claimed by both homeowner and installer on the same installation
  • Clarifying the costs that can be used to calculate the credit
  • Requiring itemized lists of equipment costs and installation costs

To read the full text of the Notice of Intent, visit revenue.louisiana.gov.

Comments

Notice of Intent – Point of Sale for Jurisdiction Where Sales and/or Use Tax Is Due

This is a reminder of a public hearing that the Louisiana Department of Revenue will conduct on July 30, 2009, concerning a proposed rule for determining the taxing jurisdiction where sales or use taxes are due.

The Notice of Intent to promulgate LAC 61:I.4313 can be accessed from the department’s web site.
 
Interested persons may submit data, views, or arguments concerning the proposed rule in writing to Raymond E. Tangney, Senior Policy Consultant, Policy Services Division, P.O. Box 44098, Baton Rouge, LA 70804-4098 or by fax to (225) 219-2759. All comments must be submitted by 4:30 p.m. on Wednesday, July 29, 2009.
 
The public hearing on this proposed rule will be conducted at 2:30 p.m. on Thursday, July 30, 2009, in the River Conference Room on the 7th floor of the LaSalle Building, 617 North Third Street, Baton Rouge, LA 70802. 

Comments

CORRECTION – Income Tax Withholding Formulas

 A CORRECTION has been issued for minor errors in the Louisiana income tax withholding FORMULAS that take effect on July 1, 2009.

Please refer to Revenue Information Bulletin (RIB) 09-012:

 Subsection D of the regulation, which provides the income tax withholding formulas, contained the following errors: if any of the variables are negative, the negative variable should be shown as zero. The errors in the formulas do not affect the withholding tables.

    1. The parentheses are unbalanced in the formula for “B” for both single and married taxpayers.
    2. In the formula for a single taxpayer—the 25,000 should be 12,500 as follows B=.016 ((((X * 4500) + (Y * 1000)) – 12,500) ÷ N).

In addition to these corrections, the amendment to LAC 61:I.1501 will include the instruction that if any of the variables are negative, the negative variable should be shown as zero. The errors in the formulas do not affect the withholding tables.

Additional resources: Notice of Intent – Income Tax Withholding Tables (LAC 61:I.1501)

Comments

Notice of Intent – Electronic Filing of Certain Types of Tax Returns

The Louisiana Department of Revenue proposes a rule requiring electronic filing of certain types of tax returns, beginning with the July, 2009 filing period.

Read Louisiana Administrative Code (LAC) 61:III.1513-1523: Electronic Filing Requirements – Dedicated Funds Distribution

Comments