The Louisiana Third Circuit Court of Appeal ruled that an oil producer, Avanti Exploration, LLC, properly remitted severance tax based on the full amounts of its gross receipts received from its first purchasers for crude oil sold
Louisiana Supreme Court Creates Refund Opportunity for Taxes Paid to Other States
Earlier this month, the Louisiana Supreme Court struck down a Louisiana law limiting tax credits for Louisiana taxpayers who pay taxes in other states; thus these taxpayers may now have refund opportunities. The law at issue is Act 109 of the 2015 Regular Legislative Session. Act 109 amended Louisiana Revised Statute 47:33 to disallow credits