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Exclusion from gross income; gifts and inheritances

La. R.S. 47:45
in effect
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47:45. Exclusion from gross income; gifts and inheritances The value of property acquired by gift, bequest, devise or inheritance shall not be included in gross income and shall be exempt from taxation under this Chapter; but the income from such property shall be included in gross income.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=102135Fetched: 10/20/2026

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