RS 47:63
66 words·~1 min read·
/la/title-47/47-1339A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 47:63
§63. Deductions from gross income; dividends received by corporations
In computing the net income of a corporation, deductions shall be allowed for the amount received as dividends from another corporation to the extent that such dividends have been earned within the State of Louisiana and the income from which paid has been taxed under this Chapter or under Act 21 of 1934, as amended.