State Tax Collections: T41 Corporation Net Income Taxes for Louisiana
QTAXT41QTAXCAT3LANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-12.00
Year-over-Year Change
-112.00%
Date Range
1/1/1994 - 1/1/2025
Summary
The 'State Tax Collections: T41 Corporation Net Income Taxes for Louisiana' trend measures the net income taxes collected from corporations by the state government of Louisiana.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the quarterly state-level corporate income tax revenues for Louisiana. It provides insight into the fiscal health and business environment of the state, which is valuable for economists, policymakers, and investors analyzing regional economic conditions.
Methodology
The data is collected and reported by the U.S. Census Bureau through their quarterly survey of state government tax collections.
Historical Context
This metric is used to monitor the tax burden on businesses and assess the impact of economic and policy changes on corporate profitability and investment in Louisiana.
Key Facts
- Louisiana collected $305 million in corporate net income taxes in Q4 2022.
- Corporate net income tax revenues account for 5.2% of Louisiana's total tax collections.
- Louisiana's corporate tax rate is 6-8% depending on taxable income level.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly net income taxes collected from corporations by the state government of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the fiscal health and business environment of Louisiana, which is valuable for economists, policymakers, and investors analyzing regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through their quarterly survey of state government tax collections.
Q: How is this trend used in economic policy?
A: This metric is used to monitor the tax burden on businesses and assess the impact of economic and policy changes on corporate profitability and investment in Louisiana.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, State Tax Collections: T41 Corporation Net Income Taxes for Louisiana (QTAXT41QTAXCAT3LANO), retrieved from FRED.