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5-12-2016

FIND OUT WHAT NEW TAXES THE OIL AND GAS INDUSTRY WILL BE PAYING

 

The oil and gas industry was told through the special session process that it would not be the target of new or increased taxes. Despite those proclamations, the end result puts even more Louisiana producers and suppliers at risk.

Please find below a link to download a document outlining the newly imposed sales tax percentages. These new sales taxes on the oil and gas industry are a result of the removal of exemptions and exclusions previously allowed on purchases, repairs and other transactions.
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