Income/Franchise:
Louisiana DOR Addresses Partnership Filing Requirements for 2022 Tax Year
Revenue Information Bulletin No. 23-009, La. Dept. of Rev. (2/8/23). The Louisiana Department of Revenue (Department) issued an information bulletin reflecting state law enacted in 2021 [see S.B. 160 (2021) for more details on these law changes] that beginning with the 2021 tax year, generally requires partnerships doing business in Louisiana or deriving any income from Louisiana sources to file an informational return with the Department using Form IT-565, Partnership Return of Income, and include all required schedules and attachments. The bulletin explains “administrative filing relief for eligible partnerships” under state law, clarifying which partnerships may be eligible for exemption from filing a Louisiana partnership return. Please contact us with any questions.
30 Rockefeller Plaza New York, NY 10112-0015 United States
About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.
Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 415,000 peopleworldwide make an impact that matters at www.deloitte.com.