---
urn: urn:us-la:rs:47:32
citation: "R.S. 47:32"
status: active
breadcrumb: "Title 47 › Subtitle II › Chapter 1 › Part I › Subpart B"
acts_citations:
  - { year: 1950, number: 445, section: 1, effective_date: null, role: enactment }
  - { year: 1968, number: 106, section: 2, effective_date: null, role: amendment }
  - { year: 1969, number: 124, section: 1, effective_date: null, role: amendment }
  - { year: 2002, number: 51, section: 1, effective_date: 2003-01-01, role: amendment }
  - { year: 2008, number: 396, section: 1, effective_date: 2008-06-22, role: amendment }
  - { year: 2021, number: 395, section: 1, effective_date: 2022-01-01, role: amendment }
  - { year: 2021, number: 396, section: 1, effective_date: 2022-01-01, role: amendment }
  - { year: 2024, number: 11, section: 2, effective_date: 2024-12-04, role: amendment }
  - { year: 2024, number: 11, section: 4, effective_date: 2024-12-04, role: amendment }
---

# Rates of tax

A. On individuals. The tax to be assessed, levied, collected, and paid upon the taxable income of an individual shall be computed at the rate of three percent on net income.

B. Repealed by Acts 2024, 3rd Ex. Sess., No. 11, §4, eff. Dec. 4, 2024.

C. On corporations. The tax to be assessed, levied, collected, and paid upon the taxable income of every corporation shall be computed at the rates provided for in R.S. 47:287.12.