Baldwin Haspel Burke & Mayer LLC

BHBM Tax Law Alert 8/2/2013


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In this newsletter you will find information on updates and changes in the law on both the Federal and State level. If you have any questions, please feel free to contact us at (504) 569-2900.

STATE TAX LAW UPDATE

2013 Louisiana Annual Sales Tax Holiday

Today and tomorrow, most retail purchases are exempt from the four percent (4%) Louisiana state sales tax. The exemption applies to the first $2,500 of any individual item of tangible personal property that a consumer purchases for non-business use if:

The exemption does not apply to purchases of the following items:

Note that this exemption is only for the state sales tax, and that local sales taxes will still apply unless the local taxing authority provides its own exemption. For more information, visit the Louisiana Department of Revenue’s website here.


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