Louisiana – Decreases Overall State Sales Tax Rate From 5% to 4.45% July 1, 2018

July 1, 2018, the overall state sales tax rate will be reduced from 5 percent to 4.45 percent. If a dealer charges and collects state sales tax at the rate of 5 percent on or after July 1, 2018, then the dealer must remit the excess sales taxes collected to the Louisiana Department of Revenue. Excess sales taxes collected are reported on Line 8 of the Sales Tax Return Form R-1029.

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