Louisiana Exempt Businesses are businesses that are exempt from certain taxes or fees imposed by the state of Louisiana. These exemptions include sales and use taxes, franchise taxes, occupational license fees, and property taxes. The most common types of Louisiana Exempt Businesses are nonprofits, religious organizations, educational institutions, government agencies, and certain agricultural operations. Nonprofits are exempt from the majority of taxes and fees listed above, while religious organizations are exempt from sales and use taxes. Educational institutions are exempt from sales and use taxes, franchise taxes, and occupational license fees, while government agencies are exempt from sales and use taxes. Certain agricultural operations, such as family farms, are exempt from sales and use taxes, franchise taxes, and property taxes.
Louisiana Exempt Businesses
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Organizations organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational, or other specified purposes and that meet certain other requirements are tax exempt under Internal Revenue Code Section 501(c)(3).
Non-profit organizations are not generally exempt from sales tax on purchases in Louisiana. The tax exemption applies to income tax for the corporation. For more information on exemptions for nonprofit organizations, see Form R-20125, Sales Tax Exemptions for Nonprofit Organizations.
You can apply for federal tax exemption with the IRS. They will in turn send you a Letter of Determination stating your tax exempt status if granted after the long review process. Once you have Federal tax exempt 501c3 status you can work with the Department of Revenue to apply for Louisiana tax exemptions.
In Louisiana, certain items may be exempt from the sales tax to all consumers, not just tax-exempt purchasers. Examples of an exception to the Louisiana sales tax are certain types of prescription medication, farm and agricultural equipment, and some types of grocery items.
Louisiana Tax Rates, Collections, and Burdens Louisiana also has a corporate income tax that ranges from 3.50 percent to 7.50 percent. Louisiana has a 4.45 percent state sales tax rate, a max local sales tax rate of 7.00 percent, and an average combined state and local sales tax rate of 9.55 percent.
All locations located in the state must apply for and receive an exemption, even if the business headquarters are located out of the state. The application is Form R-1370, Purchase of Lease or Rental Vehicles Tax Exemption Application, and may be found on the Department's website.
Franchise/Privilege Tax Franchise tax is charged at a rate of $1.50 per $1,000 or fraction thereof of capital deployed within the state of Louisiana up to a total of $300,000.
