{
  "urn": "urn:us-la:rs:47:63",
  "title_number": "47",
  "section_number": "63",
  "citation": "R.S. 47:63",
  "heading": "Deductions from gross income; dividends received by corporations",
  "text": "In computing the net income of a corporation, deductions shall be allowed for the amount received as dividends from another corporation to the extent that such dividends have been earned within the State of Louisiana and the income from which paid has been taxed under this Chapter or under Act 21 of 1934, 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": "I",
      "name": "GENERAL PROVISIONS"
    },
    {
      "level": "subpart",
      "number": "C",
      "name": "COMPUTATION OF NET INCOME"
    }
  ],
  "breadcrumb": "Title 47 › Subtitle II › Chapter 1 › Part I › Subpart C",
  "acts_citations": [],
  "acts_citations_raw": null,
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=102396",
  "website_law_id": 102396,
  "scrape_timestamp": "2026-05-22T23:36:33Z",
  "source_html_hash": "sha256:764ed7d7faba05a8e995ebd223e4484229c1abb6e9ff97240a0ca025387077b0",
  "schema_version": "1.0.0"
}