Louisiana’s state sales tax rate is 5%, which alone would be among the lowest in the nation. Unfortunately for Louisiana consumers, that base rate is augmented by significant county (which in Louisiana is called a parish) and city sales tax rates. read more
Personal income tax. Louisiana collects income taxes from its residents utilizing 3 tax brackets. For single taxpayers, they are: 2% on the first $12,500 of taxable income. 4% on taxable income between $12,501 and $50,000. 6% on taxable income of $50,001 and above. read more
Taxpayers must make a declaration of estimated income tax and pay estimated tax payments if their estimated Louisiana income tax after credits and taxes withheld is expected to exceed $1,000 for single filers and $2,000 for joint filers as required by Revised Statute 47:116. read more