New Report Takes a Look at Louisiana Tax Structure - KLFY News 10

New Report Takes a Look at Louisiana Tax Structure

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BATON ROUGE, La. (AP) - Louisiana state agencies have released a 43-page report that provides an overview of the state's tax structure and the $6.8 billion in tax breaks on the books.

The report, released Monday, was put out by the Department of Revenue and Department of Economic Development.

It is designed as tax system guide in advance of the 2013 legislative session, when Gov. Bobby Jindal has said a revamp of Louisiana's tax code will be his top priority.

The report also comes as a legislative study panel is combing through the more than 460 tax breaks that the state has, to determine if they are worth the cost in lost tax revenue.

The tax structure guide is available at: http://www.louisianaeconomicdevelopment.com/downloads/Primer_on_State_Tax_Structure_in_Louisiana_10.4.12.pdf

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

10/8/2012 10:49:53 AM (GMT -5:00)

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