- A. The Corporate Tax Apportionment Program (the “program”) extends the single sales factor computation for corporate income and franchise tax purposes utilized by manufacturers and merchandisers to other qualified business sectors. The secretary (“secretary”) of the Louisiana Department Economic Development (“LED”) may invite businesses who meet the eligibility requirements to participate in the program.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 51:4401.
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Economic Development, Office of Business Development, LR 38:2739 (November 2012).