Exclusion for Newspapers Enacted in Louisiana

A revision of the definition of “tangible personal property” now specifically excludes newspaper from such definition. Therefore, newspapers are not subject to the collection of sales and use tax. (Act 480 H.B. 386, Laws 2007, effective for all taxable periods beginning on or after July 1, 2008, except as noted; Resume Digest for H.B. 386, Louisiana Legislature, July 2007)

Posted on August 10, 2007