{
  "urn": "urn:us-la:rs:47:188",
  "title_number": "47",
  "section_number": "188",
  "citation": "R.S. 47:188",
  "heading": "Imposition of tax on real estate investment trusts; computation",
  "text": "The tax imposed by this chapter upon corporations shall be imposed upon real estate investment trusts as defined in R.S. 12:491, and shall be computed only upon that part of the net income of the trust which is subject to federal income tax as provided in sections 857 and 858 of the Federal Internal Revenue Code of 1954, as amended.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "47",
      "name": "REVENUE AND TAXATION"
    },
    {
      "level": "subtitle",
      "number": "II",
      "name": "PROVISIONS RELATING TO TAXES COLLECTED AND ADMINISTERED BY THE COLLECTOR OF REVENUE"
    },
    {
      "level": "chapter",
      "number": "1",
      "name": "INCOME TAX"
    },
    {
      "level": "part",
      "number": "II",
      "name": "SUPPLEMENTAL PROVISIONS"
    },
    {
      "level": "subpart",
      "number": "C",
      "name": "ESTATES AND TRUSTS"
    }
  ],
  "breadcrumb": "Title 47 › Subtitle II › Chapter 1 › Part II › Subpart C",
  "acts_citations": [
    {
      "act_year": 1962,
      "act_number": 315,
      "section": 2,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    },
    {
      "act_year": 1972,
      "act_number": 729,
      "section": 2,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Added by Acts 1962, No. 315, §2. Amended by Acts 1972, No. 729, §2.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=101377",
  "website_law_id": 101377,
  "scrape_timestamp": "2026-05-22T23:36:34Z",
  "source_html_hash": "sha256:0d21c31463eebfd794f488e6cfe3e724be10d60d37205679795f7ae92615aa3f",
  "schema_version": "1.0.0"
}