Louisiana Issues Reminder on Vendor’s Compensation Rate Reduction

Louisiana has issued a reminder that the vendor’s compensation rate for the timely filing of a sales and use tax return is reduced from 1.1% to 0.935%, effective July 1, 2013. The rate change is effective with the July sales tax return due August 20, 2013. Note that the compensation is allowed only on returns that are timely filed and paid. For our previous news item on this topic, click here. (Tax Topics Weblog, Louisiana Department of Revenue, August 19, 2013)

Posted on September 16, 2013