Tag: Economic development
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Taxation
2013 Legislative Update: Louisiana Energy Tax Credits
- October 25, 2013
- By Allen & Gooch
Louisiana Energy Tax Credits Encourage Taxpayers to Go Green In this summer’s session, the legislature made several changes to the Louisiana Energy Tax Credits, particularly those dealing with alternative fuel vehicles, wind energy systems, and solar energy systems. Individuals and businesses considering investing in these alternative energy products should consult with their tax planning professional […]
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Emerging Companies and Start-ups
Four Louisiana Tax Credits Start-Ups Should Keep Their Eyes On
- June 4, 2013
- By Clay Allen
Louisiana offers numerous business incentives to encourage development and growth in key industries and to promote economic development throughout the state. Tax credits are one such mechanism in which the state offers a below-the-line, dollar-for-dollar credit against the company’s tax liability. Many of Louisiana’s credits are both refundable and transferable. Transferability is important because it […]