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Cost of Doing Business
 
 Tax Structure
State Corporate Income Tax
  • 4% on the first $25,000 of net income
  • 5% on the next $25,000
  • 6% on the next $50,000
  • 7% on the next $100,000
  • 8% on the excess of $200,000
  • Louisiana uses single sales factor
State Corporate Franchise Tax
  • $1.50 per $1,000 or major fraction thereof up to $300,000
  • $3.00 per $1,000 or major fraction thereof in excess of $300,000
  • Tax rates for individuals filing single, married, filing separately, or head of household 
Unemployment Insurance Tax
  • Standard rate range is .10% - 6.2%
  • Rate for new employers is the average rate for the particular industry
  • Maximum unemployment weekly benefit is $258 for 26 weeks
Parish Property      44.54 – 132.82 Mills*
Total Sales Taxes in Caddo Parish      7.35%**
Total Sales Taxes in Shreveport      8.60%
Total Sales Taxes in Vivian      7.85%
Total Sales Taxes in Oil City      8.35%
Total Sales Taxes in Mooringsport      8.35%
Total Sales Taxes in Greenwood      8.35%
   

* To calculate property tax, multiply the assessed value of the property by the appropriate millage rate. The assessed value is the fair market value of the property times 10% for real property or 15% for personal property.

** Sales taxes include a 4% state tax along with a local portion

 


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