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To calculate Louisiana franchise tax, you start with the total equity of your company, then apply the tax rate according to the latest guidelines. Generally, the minimum tax begins at $300, but this can increase depending on your business's capital structure. The franchise tax is assessed based on the total amount of capital employed within the state. Accurate calculations are important to ensure compliance, and resources like the LA LDR CIFT-620EXT-V form can help guide you through the process.
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