Growing Louisiana Imports Tax Credit

The Growing Louisiana Imports Tax Credit was created by the 2021 Legislature to promote trade opportunities in Louisiana. The credit encourages the utilization of Louisiana public port facilities for cargo imports and the development of new port infrastructure facilities for the manufacturing, distribution, and warehousing of imported goods. The incentives apply against income tax liability. The tax credit is not refundable or transferable, but it can be carried forward five years.

Louisiana Economic Development
Website: www.opportunitylouisiana.com