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Louisiana Excludes Newspapers from Definition of Tangible Personal Property


Louisiana issued a bulletin to remind taxpayers that effective July 1, 2008, newspapers will be excluded from the definition of tangible personal property. The sales tax exemption for newspapers has also been repealed. This exemption had been suspended since July 1, 2004, making newspapers subject to state sales tax. (Revenue Information Bulletin No. 08-017, Louisiana Department of Revenue)

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