LA restores the sales and use tax exemption for medical devices.

July 4, 2017 Katherine Mullen

Last year, Louisiana re-vamped their tax code, and among the changes imposed was that medical devices went from being exempt to being taxed at a 3% rate.  This change was scheduled to expire on July 1, 2018.  However, on June 23, 2017, Governor John Bell Edwards signed Senate Bill 180 into law (Act No. 426).  Pursuant to this bill, the exemption for medical devices was re-instated as of July 1, 2017.

The post LA restores the sales and use tax exemption for medical devices. appeared first on Sovos.

Previous Article
Cook County Court Blocks Sweetened Beverage Tax

Just a day before it was slated to take effect, a Cook County Circuit Court granted an emergency motion tha...

Next Article
IRS Releases Publication 1179, General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498, and Certain Other Information R
IRS Releases Publication 1179, General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498, and Certain Other Information R

The IRS has released an updated Publication 1179 for Tax Year 2017. This publication provides guidelines fo...

×

Regulatory Analysis News - Delivered Weekly

Company
Thank you for subscribing!
Error - something went wrong!