Posted 20 August, 2009 in LA News
(from The Incentives Office)
Governor Jindal has just signed HB98, increasing Louisiana tax credits to 30%, with an additional 5% for local hires (capped at the first $1 million), and eliminating the planned phase-down of the tax credit program. The bill provides also for an 85 cent buy-back of certified Louisiana tax credits.
Additionally, SB277 was signed, permanently providing for a 25% tax credit on Digital Media, plus an additional 10% for Louisiana residents.
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