La. Admin. Code tit. 61 § I-1114

Current through Register Vol. 50, No. 11, November 20, 2024

Section I-1114 - Modifications of Federal Gross Income

A. In order to calculate Louisiana gross income, R.S. 47:287.71 requires modifications be made to federal gross income. R.S. 47:287.71(B)(7) provides that exclusions from Subpart F must be taken into account when computing Louisiana gross income. Included in the exclusions from gross income required by R.S. 47:287.71(B)(7) are those modifications provided for in R.S. 47:287.738(C) through (F).

La. Admin. Code tit. 61, § I-1114

Promulgated by the Department of Revenue, Policy Services Division, LR 32:261 (February 2006).

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:287.71, R.S. 47:287.785, and R.S. 47:1511.