SALT Report 2968 – The Louisiana Department of Revenue has created a new sales and use tax return to reflect the change in Vendor’s Compensation credit to .935%. The new sales tax return, Form 4316 should be submitted for all taxable periods after July 1, 2013.
In addition, the Department has created a list of the correct return that should be filed for each taxable period from July 2007 to present.
For Further Information
Louisiana Department of Revenue – Revenue Information Bulletin No. 13-020
