Louisiana § 47:6115 Recapture of credits

Louisiana Statutes

§ 47:6115 — Recapture of credits

Louisiana § 47:6115

Title 47Revenue and Taxation

This text of Louisiana § 47:6115 (Recapture of credits) 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. § 47:6115 (2026).

Text

§6115. Recapture of credits

A.If the Department of Revenue finds that a taxpayer has knowingly obtained a tax credit in violation of the provisions of this Chapter, including but not limited to fraud or misrepresentation, then the taxpayer's state income tax for such taxable period shall be increased by such amount necessary for the recapture of the tax credit provided for in this Chapter.

B.Credits granted to a taxpayer, but later disallowed, may be recovered by the secretary of the Department of Revenue through any collection remedy authorized by and in accordance with R.S. 47:1561.3. NOTE: See Acts 2023, No. 437, regarding that the provisions of the Act apply to tax years beginning on or after Jan. 1, 2025.

Free access — add to your briefcase to read the full text and ask questions with AI

§6115. Recapture of credits
A. If the Department of Revenue finds that a taxpayer has knowingly obtained a tax
credit in violation of the provisions of this Chapter, including but not limited to fraud or
misrepresentation, then the taxpayer's state income tax for such taxable period shall be
increased by such amount necessary for the recapture of the tax credit provided for in this
Chapter.
B. Credits granted to a taxpayer, but later disallowed, may be recovered by the
secretary of the Department of Revenue through any collection remedy authorized by and in
accordance with R.S. 47:1561.3.
NOTE: See Acts 2023, No. 437, regarding that the provisions of the Act apply to tax
years beginning on or after Jan. 1, 2025.