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LA SB112
Bill
Status
6/11/2025
Primary Sponsor
Katrina Jackson-Andrews
Click for details
AI Summary
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Dealers collecting and remitting local sales and use taxes may deduct compensation at the rate specified in local ordinances when submitting reports and payments, provided the amount due was not delinquent
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Remote sellers filing through the Louisiana Sales and Use Tax Commission for Remote Sellers may claim vendor's compensation as a deduction if returns are filed and taxes remitted by the 20th day of the month following collection
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Credits claimed for taxes already paid to wholesalers cannot be deducted when computing the dealer's compensation amount
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The uniform electronic local return system must accommodate variations in vendor's compensation rates allowed by different taxing authorities
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Effective July 1, 2025, applying to taxable periods beginning on or after that date
Legislative Description
Authorizes a deduction as compensation for certain dealers and remote sellers that collect and remit sales and use taxes. (7/1/25) (EN DECREASE LF RV See Note)
TAX/TAXATION
Last Action
Effective date 7/1/2025.
6/11/2025