Louisiana Reduces Vendor’s Compensation Rate

Louisiana has reduced the vendor’s compensation rate on timely filed Louisiana state sales tax returns from 1.1% to 0.935%, effective July 1, 2013. The change becomes effective with the July 2013 sales tax return, which is due August 20, 2013. The compensation (dealer discount) is only allowed on returns that are timely filed and paid. For an update on this news item, click here. (Revenue Information Bulletin No. 13-012, Louisiana Department of Revenue, July 1, 2013)

Posted on July 22, 2013