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Louisiana Other Credits

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Louisiana Other Credits

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100 – Premium Tax – R.S. 47:227 provides a credit for premium taxes paid during the preceding 12 months by an insurance company authorized to do business in Louisiana. The credit may be passed to individuals through certain legal entities such as partnerships. A schedule must be attached listing the entities that paid the premium tax and generated the credit on behalf of the individual.

105 – Commercial Fishing – R.S. 47:297(C) provides a credit for gasoline and special fuels taxes paid for operating or propelling any commercial fishing boat. Attach a schedule listing all invoices and taxes paid. Do not claim the credit if you have already received a fuel tax refund.

110 – Family Responsibility – R.S. 47:297(F) provides a credit for the amount contributed in a family responsibility program under the provisions of R.S. 46:449. The amount of this credit is equal to 33.3 percent of the contribution, not to exceed $200. 115 – Small Town Doctor/Dentist – R.S. 47:297(H) provides a credit for certified medical doctors and dentists licensed to practice in certain areas of Louisiana. The credit is limited to $5,000.

120 – Bone Marrow – R.S. 47:297(I) provides a credit to employers authorized to do business in the state who incur bone marrow donor expense by developing a bone marrow donation program, educating employees related to bone marrow donations, making payments to a health care provider for determining tissue types of potential donors, and paying wages to an employee for time related to tissue typing and bone marrow donation. If the wage
expense is used to obtain the credit, it cannot be deducted as an expense for income tax purposes. The amount of the credit is equal to 25 percent of the bone marrow donor expense paid or incurred by the employer during the tax year.


125 – Law Enforcement Education – R.S. 47:297(J) provides a credit for certain law enforcement officers and specified employees of the Louisiana Departments of Public Safety or Corrections for specific post-secondary educational expenses incurred in the pursuit of an undergraduate degree related to law enforcement.

130 – First Time Drug Offenders – R.S. 47:297(K) provides a credit for a taxpayer who provides full-time employment to an individual
who has been convicted of a first time drug offense, and who is less than 25 years of age at the time of initial employment.

135 – Bulletproof Vest – R.S. 47:297(L) provides a credit for the purchase of a bulletproof vest for certain law enforcement personnel. The credit is limited to $100.

140 – Nonviolent Offenders – R.S. 47:297(O) provides a credit for a taxpayer who provides full-time employment to an individual who has been convicted of a first-time nonviolent offense, has completed a court-ordered program certified by the employee’s probation officer, and has worked 180 days. A statement signed by both the employer and employee certifying the employee’s full-time work status for the year must be attached to the return.

145 – Owner of Newly Constructed Accessible Home – R.S. 47:297(P) provides a credit for a taxpayer who owns a newly constructed one or two-family dwelling on which the homestead exemption is claimed. The dwelling must include certain accessible and barrier free design elements. The credit is for the
lesser of $1,000 or tax, and is taken in the taxable year that the construction of the dwelling completed. Form R-1089, available on LDR’s website, must be attached to your return as documentation for this credit.


150 – Qualified Playgrounds – R.S. 47:6008 provides a credit for donations to assist qualified playgrounds. The credit is for the lesser of $1,000 or one-half of the value of the cash, equipment, goods, or services donated. For more information on this credit, see Revenue Ruling 02-020 posted on LDR’s website.

155 – Debt Issuance – R.S. 47:6017 provides a credit for the filing fee paid to the Louisiana State Bond Commission, which is incurred by an economic development corporation in the preparation and issuance of bonds.

175 – Donations of Materials, Equipment, Advisors, Instructors R.S. 47:6012 provides a credit for employers within the state for donations of the newest technology available in materials, equipment, or instructors to public training providers, secondary and postsecondary vocational-technical schools, community colleges, or apprenticeship programs registered with the Louisiana Workforce Commission to assist in the development of training programs designed to meet industry needs. The credit is for 50 percent of the value of the donated materials, equipment, or services rendered by the instructor. When taken with other applicable credits, this credit cannot exceed 20 percent of the employer’s tax liability for any taxable year.


199 – Other – Reserved for future credits.

200 – Atchafalaya Trace – R.S. 25:1226.4 provides a credit to certain heritage-based cottage industries that have entered into a contract
with the State Board of Commerce and Industry. A copy of the contract must be attached to the return.


202 – Organ Donation – R.S. 47:297(N) provides a credit to offset certain expenses incurred by an individual or spouse for a living organ donation.

204 – Household Expense for Physically and Mentally Incapable Persons – R.S. 47:297.2 provides a credit for a person who maintains a household that includes one or more dependents who are physically or mentally incapable of caring for themselves. The credit is for the applicable percentage of employment related expenses allowable pursuant to Section 21 of the Internal Revenue Code.


208 – Previously Unemployed – R.S. 47:6004 provides a credit for hiring a previously unemployed person who participates in the Family Independence Work Program in a newly created full-time job.

210 – Recycling Credit – R.S. 47:6005 provides a credit for the purchase of certain equipment or service contracts related to recycling. The credit must be certified by the Louisiana Department of Environmental Quality and a copy of the certification must be attached to the return.


212 – Basic Skills Training – R.S. 47:6009 provides a credit for employers who pay for training to bring employees’ reading, writing, or mathematical skills to at least the 12th grade level. The credit is limited to $250 per participating employee, not to exceed $30,000 for the tax year.

224 – New Jobs Credit – R.S. 47:34 and R.S. 47:287.749 provide a credit to employers who establish or expand a business in the
state. A schedule that includes the calculation of the credit must be attached to the return and must include the name, address,
and Social Security Number of each new employee; highest number of full-time and qualified part-time employees during the
previous year; highest number of full-time and part-time employees during the current year; number of new employees hired for
new jobs created during this taxable year; and amount of credit carried forward from the previous year.

226 – Refund by Utilities – R.S. 47:287.664 provides a credit for certain court ordered refunds made by utilities to its customers.
228 – Eligible Re-entrants – R.S. 47:287.748 provides a credit to a taxpayer who employs an eligible re-entrant in Louisiana. An
eligible re-entrant is defined as a person who has been convicted of a felony and who has successfully completed the Intensive
Incarceration Program, as provided in R.S. 15:574.4.

230 – Neighborhood Assistance – R.S. 47:35 and R.S. 47:287.753 provide a credit for an entity engaged in the activities of providing
neighborhood assistance, job training, education for individuals, community services, or crime prevention in Louisiana. The credit
is for up to 70 percent of the amount contributed for investment in programs approved by the Commissioner of Administration, and
the credit shall not exceed $250,000 annually.

232 – Cane River Heritage – R.S. 47:6026 provides a credit for a heritage-based cottage industry located or to be located in the
Cane River Heritage Area Development Zone. The taxpayer must enter into a contract with the Louisiana Department of
Culture, Recreation, and Tourism, and a copy of the contract must be attached to the return.

234 – LA Community Economic Development – R.S. 47:6031 provides a credit for money donated, contributed, or represented
by a sale below cost by the taxpayer to a certified community development corporation or a certified community development
financial institution. The credit must be certified by the Louisiana Department of Economic Development, and a copy of the
certification must be attached to the return.

236 – Apprenticeship – R.S. 47:6033 provides a credit to employers for one dollar for each hour of employment of an eligible
apprentice, limited to 1,000 hours for each eligible apprentice. An eligible apprentice is a person who has entered into a written
apprentice agreement with an employer or an association of employers pursuant to a registered apprenticeship program
or who is enrolled in a training program accredited by the National Center for Construction Education and Research. For
more information regarding this credit, contact the Louisiana Workforce Commission.

238 – Ports of Louisiana Investor – R.S. 47:6036(C) provides a credit to individuals to encourage investment in state port facilities in
Louisiana. Taxpayers must apply to the Louisiana Department of Economic Development to receive certification. A copy of the
certification of the credit must be attached to the return.

240 – Ports of Louisiana Import Export Cargo – R.S. 47:6036(I) provides a credit to individuals to encourage the use of state
port facilities in Louisiana. The credit is based on the number of tons of qualified cargo imported and exported from or to
manufacturing, fabrication, assembly, distribution, processing, or warehousing facilities located in the state. Taxpayers must
apply to the Louisiana Department of Economic Development to receive certification. A copy of the certification of the credit must
be attached to the return.

251 – Motion Picture Investment – R.S. 47:6007(C)(1) provides a credit for an individual taxpayer residing in Louisiana who
invests in a state-certified, motion picture production. Taxpayers taking this credit may attach Form R-10611, available on LDR’s
website, as documentation for this credit.

252 – Research and Development – R.S. 47:6015 provides a credit for any taxpayer who claims a federal income tax credit under
26 U.S.C. §41(a) for increasing research activities. Use this code for Research and Development credits earned for expenditures
made in tax years beginning before January 1, 2009. See Revenue Information Bulletin 09-020 on LDR’s website.

253 – Historic Structures – R.S. 47:6019 provides a credit if the taxpayer incurs certain expenses during the rehabilitation
of a historic structure that is located in a Downtown Development District or cultural district. Refer to Revenue
Information Bulletin 14-007 and 14-007A on LDR’s website.

254 – Digital Interactive Media – R.S. 47:6022 provides a credit to individuals for the investment in businesses specializing in
digital interactive media. Use this code for Digital Interactive Media credits earned for expenditures made prior to January
1, 2012. Taxpayers must apply to the Louisiana Department of Economic Development to receive certification. A copy of
the certification of the credit must be attached to the return. See Revenue Information Bulletin 12-017 on LDR’s website.

256 – Motion Picture Employment of Resident – R.S. 47:1125.1 provides a credit for the employment of residents of Louisiana
in connection with the production of a motion picture. The credit may flow to an individual via a partnership, limited liability
company, Subchapter S Corporation, or other entities. Refer to Revenue Information Bulletin 05-005 on LDR’s website.

257 – Capital Company – R.S. 51:1924 provides a credit for any person who invests in a certified Louisiana Capital Company. This
credit must be approved by the Commissioner of the Louisiana Office of Financial Institutions. A copy of the certification must be
attached to the return.

258 – LA Community Development Financial Institution (LCDFI) –R.S. 51:3085 et seq. provides a credit for certain investments in an
LCDFI to encourage the expansion of businesses in economically distressed areas. The Louisiana Office of Financial Institutions
administers this program.

259 – New Markets – R.S. 47:6016 provides a credit if the taxpayer makes certain qualified low-income community investments,
as defined in Section 45D of the Internal Revenue Code. The taxpayer must be certified by the Louisiana Department of
Economic Development and approved by LDR. Information on the program investment limits are frequently posted as Revenue
Information Bulletins on LDR’s website.

260 – Brownfields Investor Credit – R.S. 47:6021 provides a credit to individuals to encourage the cleanup, redevelopment, and
productive reuse of brownfields sites in the state. The credit is obtained through the Louisiana Department of Economic
Development and the Louisiana Department of Environmental Quality.

261 – Motion Picture Infrastructure – R.S. 47:6007(C)(2) provides a credit for an approved state-certified infrastructure project for
a film, video, television, or digital production or postproduction facility. Taxpayers must apply to the Louisiana Department of
Economic Development to receive certification. A copy of the certification of the credit must be attached to the return. Refer to
Revenue Information Bulletin 06-004 on LDR’s website.
Code credit description

262 – Angel Investor – R.S. 47:6020 provides a credit for taxpayers who make third party investments in certified Louisiana entrepreneurial
businesses on or after January 1, 2011. To earn the Angel Investor Credit, taxpayers must file an application with the
Louisiana Department of Economic Development. See Revenue Information Bulletin 12-009 on LDR’s website.

299 – Other – Reserved for future credits.

300 – Biomed/University Research – R.S. 17:3389 provides a credit to persons who establish research activities either in a Biomedical or a University Research and Development Park. The taxpayer must enter into a contract with the Louisiana Department of Economic Development, and a copy of the contract
showing the credit granted must be attached to the return.

305 – Tax Equalization – R.S. 47:3201 et seq. provides a credit for tax equalization for certain businesses locating in Louisiana. The taxpayer must enter into a contract with the Louisiana Department of Economic Development, and a copy of the contract showing the credit granted must be attached to the return.

310 – Manufacturing Establishments – R.S. 47:4301 et seq. provides a credit to certain manufacturing establishments that have entered into a contract with the Louisiana Department of Economic Development. A copy of the contract showing the credit granted must be attached to the return.

315 – Enterprise Zone – R.S. 51:1781 et seq. provides a credit for private sector investments in certain areas that are designated as “Enterprise Zones.” The taxpayer must enter into a contract with the Louisiana Department of Economic Development, and a copy of the contract showing the credit granted must be attached to the return.

399 – Other – Reserved for future credits.

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Views: 603 Created on: Jun 15, 2013
Date updated: Sep 17, 2015
Posted in: STATES, Louisiana

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