---
urn: urn:us-la:rs:47:76
citation: "R.S. 47:76"
status: active
breadcrumb: "Title 47 › Subtitle II › Chapter 1 › Part I › Subpart C"
acts_citations:
---

# Items not deductible; amounts allocable to income not taxed

In computing net income no deduction shall in any case be allowed in respect of any amount otherwise allowable as a deduction which is allocable to income not subject to the tax imposed by this Chapter, and any amount otherwise allowable as a deduction which is allocable to income which, for any reason whatsoever, will not bear the tax imposed by this Chapter.