It’s April, Fool. Now Pay Your Taxes!!

Good morning, taxpayer. Here’s what you’re facing today:

• A new one-cent sales and use tax takes effect, increasing the state sales tax from four cents to five cents; the extra penny remains in effect until June 30, 2018, in most cases, but expires on July 1, 2016, for manufacturing equipment and machinery
• Most current exemptions and exclusions on the 4 percent state sales tax are eliminated; all exclusions will be restored by July 1, 2018
• An automobile rental tax, which had expired, is reinstated on gross proceeds at the rate of 2.5 percent (state) and 0.5 percent (local)
• A hotel tax, with revenue flowing to local governments, is expanded to include residential locations such as houses, apartments and condominiums
• Sales made in Louisiana by dealers outside the state (such as over the Internet) are subject to the collection and remittance of sales and use tax
• The excise tax on cigarettes increases to $1.08
• The excise tax on alcoholic beverages increases to:
o Liquor – $0.80 per liter
o Sparkling wine – $0.55 per liter
o Still wines with 14-24 percent alcoholic volume – $0.35 per liter
o Still wines with more than 24 percent alcoholic volume – $0.55 per liter
o Malt beverages – $12.50 per barrel
o Low alcoholic content beverages – $12.50 per barrel
• A discount for accurately reporting and remitting excise taxes on certain tobacco products is reduced from 6 to 5 percent
• A discount for accurately reporting and remitting excises taxes on alcoholic beverages and beer is reduced from 2 percent to 1.5 percent for low-content beverages; and from 3.3 percent to 2.5 percent for high-content beverages
• Membership fees or dues paid to a nonprofit, civic organization which provides access to clubs or the privilege of having access to amusement, entertainment, athletic, or recreational facilities are subject to state sales tax

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