Louisiana Targets Digital Services with New Tax Proposals
TL;DR Summary
The Louisiana House of Representatives has voted to eliminate the state's $150 million film and TV production tax credit as part of a broader effort to reduce state income taxes. The bill, which passed with an 87-12 vote, aims to sunset the film incentive by June 30, pending Senate and gubernatorial approval. This move is part of Governor Jeff Landry's initiative to reduce personal and corporate income taxes and eliminate various exemptions. The decision has sparked debate, with proponents arguing it will create tax equity, while opponents warn it could drive film jobs out of the state.
- Louisiana Moves to Eliminate $150 Million Film Tax Credit Variety
- Louisiana takes first step toward taxing digital streaming services Louisana Illuminator
- New house bill taxes digital products WAFB
- New tax on streaming services advances from Louisiana legislative committee FOX 8 Local First
- Here's the complete list of 48 services Louisiana lawmakers will consider taxing NOLA.com
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