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Partnership informational return of income required; limitations on partner tax liability

La. R.S. 47:201
in effect
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47:201. Partnership informational return of income required; limitations on partner tax liability A. Except as otherwise provided in R.S. 47:201.2, a partnership shall not be subject to the income tax imposed by this Chapter, but a partnership shall be required to file an annual informational partnership return of income in accordance with R.S. 47:103(A)(2). B. Persons carrying on business as partners shall be liable for income tax only in their separate or individual capacities. Amended by Acts 1958, No. 441, §1; Acts 1975, No. 459, §1; Acts 2021, No. 287, §1, eff. June 14, 2021.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=101459Fetched: 10/20/2026

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