Louisiana Statutes
§ 47:1034 — Gross receipts; transportation for own use
Louisiana § 47:1034
JurisdictionLouisiana
Title 47Revenue and Taxation
This text of Louisiana § 47:1034 (Gross receipts; transportation for own use) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 47:1034 (2026).
Text
Whenever the transportation of natural gas by pipeline is by the owner for its own use, the gross receipts from such business shall be deemed and held to be the cost of the natural gas transported delivered at the point of use, as determined from the books and records of the owner, subject to the ratio provisions of R.S. 47:1032. When there are no actual receipts upon which to base the tax, the base will be the cost of the natural gas delivered at the point of use as determined from the books and records of the owner or the average of the monthly spot market price of gas fuels delivered into the pipelines in Louisiana as reported by the Natural Gas Clearing House.
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Legislative History
Acts 1994, No. 35, §1, eff. July 1, 1994; Acts 2001, No. 1032, §15.
Nearby Sections
15
§ 47:1001
§ 47:1001§ 47:1002
Nature of tax; exclusions from tax§ 47:1003
Definitions§ 47:1004
Businesses partly taxable§ 47:1005
Repealed by Acts 1966, No. 270, §1§ 47:1006
Reports and payment of tax§ 47:101
§ 47:101§ 47:1010
Disposition of collections§ 47:102
Corporation returns§ 47:1031
§ 47:1031Cite This Page — Counsel Stack
Bluebook (online)
Louisiana § 47:1034, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/47%3A1034.