Corporate Income Tax

Taxable Income

Tax Rate

$ 0 - 25,000

4%

25,001 - 50,000

5%

50,001 - 100,000

6%

100,001 - 200,000

7%

200,001 and over

8%

Individual Income Tax

Taxable Income

Tax Rate

$ 0 - 20,000

2%

20,001 - 100,000

4%

100,001 and over

6%

FRANCHISE TAX

State

up to $300,000

$1.50 per $1,000

over $300,000

$3.00 per $1,000

Parish (County)

N/A

Local Sales and Use Tax

Tax Rate

State Tax

4%

Parish (County)

varies

City

varies

Note: Tax rates slightly less in rural areas.