Louisiana Gov. John Bel Edwards has signed legislation that expands eligibility for the inventory tax credit against franchise and income taxes to include tangible personal property owned by a retailer that is available for or subject to a short-term rental and that will subsequently or ultimately be sold by the retailer. A “short-term rental” is […]

The post Louisiana ~ Multiple Taxes: Inventory Credit Expanded to Include Rental Property appeared first on Tax & Accounting Blog.