• Four percent on the first $25,000 of net income
• Five percent on the next $25,000
• Six percent on the next $50,000
• Seven percent on the next $100,000
• Eight percent on the excess over $200,000

• $1.50 for each $1,000 or major fraction thereof up to $300,000 of capital employed in Louisiana; and
• $3 for each $1,000 or major fraction thereof in excess of $300,000 of capital employed in Louisiana.
• Minimum tax of $10 per year.

Rate per $1,000 of assessed value: 

Assessors are required by law to assess on improvements of industrial property at 15% of fair market value. (Land at 10%)

Private residences are assessed at 10% of fair market value.  There is no property tax on the first $75,000.

For a more detailed property tax listing, click here. 

Renewal Community

Census Tract 9505, which encompasses more than half of Morehouse Parish including the Coulter Industrial Park, is designated a RC by the U.S. Department of Housing and Urban Development.

• Tax credits up to $1,500 annually
• Section 179 deduction on depreciable property
• Zero percent capital gains rate for a minimum of 5 years; and
• Brownfields cleanup cost deductions

Download a map of the Bastrop Renewal Community area or the Regional Renewal Community area.
For more detailed information, please visit www.renewallouisiana.com  

Community Development Block Grants

Grants to expanding and new companies for infrastructure projects in the state that qualify based on hired employees’ income level and place of residence. 

Quality Jobs Program*

Annual refundable credit up to 6% of payroll for a period of up to 10 years.

Industrial Property Tax Exemption*

Exempts new manufacturers & expansions from state, parish and local property taxes for up to 10 years. 

Restoration Tax Abatement*

Property tax abatement: provides five-year abatement for the rehabilitation of an existing structure with possible 5 year extension.

Sales and Use Tax Exemption

Louisiana businesses receive an exemption of the 4 percent state sales, use, lease and rental tax on eligible machinery & equipment purchased in the state including customized software developed in the state.

Enterprise Zone*

Tax credits & rebates for hiring workers within a designated zone.  $2,500 credit per new job, and 4% rebate of sales/use tax on materials, machinery or equipment.

Inventory Tax Credit

100% state income tax credit on inventory taxes paid.

Research & Development Tax Credit*   

Sellable income/franchise tax credits up to 20% of  R & D expenditures claim on federal taxes.

Technology Commercialization Tax Credit*

Provides credit for up to 8% of the state’s apportioned share of increased R&D expenses or 25% of its apportioned share of federal research.

Digital Media Tax Credit*

Provides credit for up to 20% of qualified production expenditures.

Sound Recording Tax Credit*

Provides credit for up to 25% of production or infrastructure development.

Louisiana FastStart Workforce Development Training

Provides company-customized pre-employment and on-the-job training and recruitment for existing and new employees.

Small Business Loan Program*

Loan guarantee program: provides up to 75% guarantee and state participations up to 40% for banks that facilitate capital accessibility.

Micro Loan Program*

Loan guarantee program: provides up to 80%guarantee and state participations up to 50% for banks that fund loans from $5,000 to $50,000.

Contract Loan Program*

Loan guarantee program: provides participations with banks that fund government contract loans from $5,000 to $1 million for terms of one year or less.

Bonding Assistance Program*

Bonding assistance: provides up to 25% guarantee for companies bidding on private or public jobs.

Angel Investor Tax Credit*

Tax credit program: provides credit up to 50% for individual investors when they invest in certain early stages of wealth-creating businesses.

Mentor-Protégé Tax Credit*

Tax credit program: provides up to $50,000 per year for participating firms that provide technical assistance to protégé firm.