Louisiana Solves Fiscal Woes with Tax Increases
- Sales Tax Rate Changes
- Mar 19, 2016 | Gail Cole
Louisiana legislators have come up with a solution to improve the state’s serious fiscal problems: tax increases.
The following pieces of legislation have all received Governor John Bel Edwards’ signature:
- HB 14: Increases the tax on cigarettes by one and two-twentieths of one cent per cigarette (22 cents per pack), effective April 1, 2016.
HB 27: Increases the tax on alcoholic beverage tax by, effective April 1, 2016:
- Liquors: from 66 to 80 cents per liter
- Sparkling wines: from 42 to 55 cents per liter
- Alcohol content not more than 14%: from 3 to 20 cents per liter
- Alcohol content between 14% and 24%: from 6 to 35 cents per liter
- Alcohol content more than 24%: from 42 to 55 cents per liter
- Malt beverages: from $10 to $12.50 per barrel
- HB 30: Creates a sales and use tax obligation for certain remote dealers, applicable to tax periods beginning on and after April 1, 2016.
- HB 39: Imposes a state tax of 2.5% and a local tax of 0.5% on certain automobile rentals, effective April 1, 2016.
- HB 43: Decreases the amount of tax retailers may keep for reporting sales taxes accurately and on time. Effective April 1, 2016.
- HB 59, Expands state sales and use tax to charges for transient guest accommodation in sleeping rooms, cottages or cabins at a residential location (think Airbnb), effective July 1, 2016.
- HB 62: Temporarily increases the state sales and use tax by 1%, effective April 1, 2016.
- HB 72: Increases the state sales tax on certain telecommunications services, effective April 1, 2016.
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