Louisiana retail telecommunications exemption.

The first purchase of a piece of equipment by an individual who holds a Federal Communications Commission (FCC) license is now exempt from sales tax. An exemption was enacted for digital television conversion equipment and digital radio conversion equipment, effective June 25, 2002. Taxpayers operating under several broadcaster licenses are allowed one exempt purchase of each piece of equipment per license. Subsequent purchases are subject to tax. (Sec.47:301 (16) (i))

Posted on December 15, 2002