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Form a Business

Allowable deductions defined

La. R.S. 47:287.63
in effect
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47:287.63. Allowable deductions defined "Allowable deductions" for a taxable year means the deductions from federal gross income allowed by federal law in the computation of taxable income of a corporation for the same taxable year, subject to the modifications specified in this Part. Acts 1986, 1st Ex. Sess., No. 16, §1, eff. Dec. 24, 1986.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=101699Fetched: 10/20/2026

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