Resources
Tax Incentives
Competitive Tax Incentives
Louisiana’s financial incentive programs give both new and established businesses a real competitive edge. In Jefferson Parish, a supportive Parish Council and pro-business environment combine with the state’s unique and attractive tax incentives, creating fertile ground for companies to grow, innovate, and succeed. With these advantages, businesses can thrive while taking full advantage of all that our region has to offer.
Tax Credits
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Digital Interactive Media and Software Program
The Digital Interactive Media and Software Program is one of the strongest of its kind in the nation—helps innovative digital…
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High Impact Wage Program (HIP)
Louisiana’s High Impact Jobs Program (HIP) offers qualifying companies grants for the creation of new jobs that pay above the…
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Industrial Tax Exemption Program (ITEP)
The Industrial Property Tax Exemption abates, up to ten years, local property taxes (ad valorem) on a manufacturer’s new investment…
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Opportunity Zone
The Opportunity Zone program is a new community and economic development tool established by Congress that allows investments in certain…
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Restoration Tax Abatement (RTA) Program
Commercial property owners and homeowners who expand, restore or improve an existing structure located in a Downtown Development District, Economic…
Corporate
Taxes & Tax
Structure
Businesses operating in Louisiana benefit from the most competitive tax code in the state’s history. As of January 2025, Louisiana’s personal and corporate income tax are among the lowest in the country.
| CORPORATE INCOME TAX % | NET INCOME |
|---|---|
| Louisiana now offers a single-rate income tax structure, reducing administrative and compliance costs and encouraging expansion and investment | FIRST $25,000 |
| 5% | NEXT $25,000 |
| 6% | NEXT 50,000 |
| 7% | NEXT$100,000 |
| 8% | NEXT$200,000 |
