Connect with us to find out how R&D Tax Credits can boost your organization’s performance.
The Louisiana Research and Development Tax Credit encourages existing businesses with operating facilities in Louisiana to establish or continue R&D activities within the state to receive up to a 30% tax credit on qualified research expenditures ("QREs") incurred in Louisiana — with no cap and no minimum requirement.
The incentive is open to companies who meet certain eligibility requirements (see below) pertaining to R&D activities conducted in Louisiana.
In order for credits to be awarded, a taxpayer must claim the expenditures within one year after December 31 of the tax period in which the expenditures were incurred.
Louisiana R&D credits are claimed using an online application system.
The following businesses will be ineligible to participate in the Research and Development tax credit program, unless specifically invited by the Department of Louisiana Economic Development ("LED"):
R&D Tax Credit Available:
C-Corporation, S-Corporations, LLCs, Partnerships
Deadline for Tax Filing:
Due with Louisiana Tax Return
Data Required to Compute Credit:
Claim Period Federal Qualified R&D Expenses (QREs)
What Information is needed?
Louisiana QREs for Prior 3 Years
Number of Louisiana Employees
To get an estimate of the potential value of your unclaimed R&D Tax Credits, try out our credit calculator.
Download our R&D Tax Credit Calculator for Android to see how much you can receive from your qualified R&D tax credit expenses.
We were hoping you’d say that. The fundamental truth is that we perform better when we have efficiency and effectiveness in mind.
Minimizing your tax liability only increases your organization’s value and performance, while providing greater opportunity for every dollar.