PART VI. INCOME TAX ON ESTATES AND TRUSTS

§300.1. Tax imposed

            There is imposed an income tax for each taxable year upon the Louisiana taxable income of every estate or trust, whether resident or nonresident. The tax to be assessed, levied, collected, and paid upon the Louisiana taxable income of an estate or trust shall be computed at the rate of three percent on Louisiana taxable income.

            Acts 1996, No. 41, §1, eff. for taxable periods beginning after Dec. 31, 1996; Acts 2021, No. 395, §1, Jan. 1, 2022; Acts 2024, 3rd Ex. Sess., No. 11, §2, eff. Dec. 4, 2024.