Louisiana Statutes

§ 47:287.91 — Determination of Louisiana net income or loss

Louisiana § 47:287.91
JurisdictionLouisiana
Title 47Revenue and Taxation

This text of Louisiana § 47:287.91 (Determination of Louisiana net income or loss) 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. § 47:287.91 (2026).

Text

A.The Louisiana net income of a corporation is the sum produced by combining the net allocable income or loss as provided in R.S. 47:287.93 and the net apportionable income or loss as provided in R.S. 47:287.94 when the result is more than zero.
B.The Louisiana net loss of a corporation is the sum produced by combining the net allocable income or loss as provided in R.S. 47:287.93 and the net apportionable income or loss as provided in R.S. 47:287.94 when the result is less than zero.

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Legislative History

Acts 1986, 1st Ex. Sess., No. 16, §1, eff. Dec. 24, 1986.

Nearby Sections

15
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Bluebook (online)
Louisiana § 47:287.91, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/47%3A287.91.