The Louisiana Department of Revenue is taking steps to provide state tax relief following Hurricane Ida.
LDR Secretary Kimberly Lewis says the department is granting automatic filing extensions to both individual and business taxpayers in the 25 parishes placed under a disaster declaration by the governor.
She says the “return filing extensions apply to individual income, corporate income, franchise, as well as excise and severance taxes.” The automatic extended due date to file is now September 3, 2022. However, Lewis says it is not an extension to pay any taxes due.
In addition, Lewis says individuals may also be eligible for state sales tax refunds on personal property destroyed by the natural disaster. She says “it has to be a property that was not covered by insurance.” Such property includes clothing, furniture, electronics, and recreational equipment.”
Forms to apply for a refund can be found on the LDR website.
LDR is waiving Louisiana’s diesel fuel penalty for selling or using tax-exempt dyed diesel fuel. As with a similar step by the IRS, the penalty relief will remain in effect through at least Wednesday.
Lewis says the agency is doing “expedited processing for out of state fuel transporters who are bringing in fuel to deal with our lack of fuel.” That includes streamlining the process to obtain a license to import fuel into the state until supplies reach pre-hurricane levels.