Louisiana Corporate Franchise Tax Suspended
Laws and regulations are changing rapidly. After articles are published, they are subject to change. Check back regularly for updates.
Due to the COVID-19 pandemic, the Louisiana corporate franchise taxes for small business corporations has been suspended on the first $300,000 of taxable capital. In addition, a first-time initial franchise tax of $110 has also been suspended. The suspension runs from July 1, 2020 to June 30, 2021. Please contact us if you have any questions.