RS 287.69 - Louisiana taxable income defined
"Louisiana taxable income" means Louisiana net income, after adjustments, less the federal income tax deduction allowed by R.S. 47:287.85. "After adjustments" means after the application of the net operating loss adjustment allowed by R.S. 47:287.86.
NOTE: §287.69 eff. on Jan. 1, 2022, upon ratification of the const. amend. proposed by Acts 2021, No. 134.
RS 287.69 - Louisiana taxable income defined
"Louisiana taxable income" means Louisiana net income after adjustments. "After adjustments" means after the application of the net operating loss adjustment allowed by R.S. 47:287.86.
Acts 1986, 1st Ex. Sess., No. 16, §1, eff. Dec. 24, 1986; Acts 2016, 1st Ex. Sess., No. 30, §1; Acts 2021, No. 396, §1, see Act.