Louisiana Gov. John Bel Edwards has signed legislation that makes various changes to the Quality Jobs Program, which provides corporate income tax, personal income tax, franchise tax, and sales and use tax credits and rebates. In addition, the legislation modifies the termination dates for certain other tax exemption, credit, or rebate programs. Quality Jobs Program […]

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Louisiana Gov. John Bel Edwards has signed legislation that replaces the rebate for donations to school tuition organizations (STOs) with a nonrefundable income tax credit that is equal to the actual amount of the taxpayer’s donation used by an STO to fund a scholarship, exclusive of administrative costs. The credit applies to donations made after […]

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A Florida sales and use tax exemption is enacted for marijuana and marijuana delivery devices. “Marijuana” is defined as all parts of any plant of the genus Cannabis, whether growing or not, the seeds of that, the resin extracted from any part of the plant, and every compound, manufacture, salt, derivative, mixture, or preparation of […]

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A petition for review was granted in the following case: C.J. Marinello, II, CA-2, 2016-2 ustc ¶50,453 —An individual who owned and operated a freight service that transported items to and from the United States and Canada was properly convicted and sentenced for corruptly obstructing the administration of the tax laws. The government was not […]

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Senate Republican Leadership on June 27 decided to delay bringing the Better Care Reconciliation Act of 2017 to the Senate floor after originally planning for a vote this week (TAXDAY, 2017/06/27, C.1). The measure proposes to repeal and replace, in part, the Patient Protection and Affordable Care Act (ACA) (P.L. 111-148) and related taxes (TAXDAY, […]

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Beginning October 1, 2017, sales of platinum, gold, and silver bullion that is valued solely upon its precious metal content, whether in coin or ingot form, are excluded from all Louisiana state sale and use taxes. This full exclusion from state tax also applies to numismatic coins that have a sales price of no more […]

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