Tuesday, November 29, 2011

SALT To Taste: Louisiana - "Can't Touch This"

Geoff Christian, Jimmy Helms

The Louisiana Court of Appeal, First Circuit, recently issued its decision in UTELCOM, Inc. and UCOM, Inc. v. Bridges, overturning the trial court’s granting of partial summary judgment on behalf of the State.  This newsletter focuses on the limitations that exist in assessing Louisiana franchise tax on activities associated with a limited partnership interest and how this decision could reduce your Louisiana tax burden.

Read the entire SALT To Taste here.

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