RS 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 following rates:
(1) One and eighty-five hundredths percent on the first ten thousand dollars of Louisiana taxable income.
(2) Three and one-half percent on the next forty thousand dollars of Louisiana taxable income.
(3) Four and twenty-five one hundredths percent on Louisiana taxable income in excess of fifty thousand dollars.
Acts 1996, No. 41, §1, eff. for taxable periods beginning after Dec. 31, 1996; Acts 2021, No. 395, §1, Jan. 1, 2022.