September 19, 2020

Volume X, Number 263

September 18, 2020

Subscribe to Latest Legal News and Analysis

September 17, 2020

Subscribe to Latest Legal News and Analysis

September 16, 2020

Subscribe to Latest Legal News and Analysis

Louisiana Tax Commission Issues Additional Guidance on Property Tax Filing Deadlines

Today, in compliance with Proclamation No. JBE 2020-59, which was issued by Governor Edwards on May 14, 2020, the Louisiana Tax Commission(LTC) issued Statewide Advisory 05-2020 explaining that JBE 2020-59 continues the suspension of the statutory April 1, 2020 deadline for filing personal property renditions with local assessors (for property owners other than public service companies) and annual reports of public service companies with the LTC to at least June 5, 2020.

Public service companies that file annual reports for public service properties with the LTC should be able to rely on the extension provided in the Advisory.

As noted in our prior post, for all other owners of personal property that are required to file renditions with the local assessor, we previously provided the following best practices:

  • File your rendition with the local assessor on or before April 1, 2020; or

  • Request in writing (an e-mail should suffice) an extension of time from the local assessor and obtain a written (an e-mail should suffice) confirmation of any such extension granted by the local assessor (La. R.S. 47:2324 provides that upon written request, the local assessor may grant an extension of time to file a personal property rendition of up to 30 days).

In order to avoid penalties, including but not limited to the potential loss of rights to contest the assessor’s determination of fair market value of the subject property, property owners must file the required renditions/reports on a timely basis.  Property owners must be vigilant every year, but especially this year, to timely file all renditions (local assessors) or annual reports (LTC).

© 2020 Jones Walker LLPNational Law Review, Volume X, Number 140

TRENDING LEGAL ANALYSIS


About this Author

Matthew Mantle, State, Local Tax, Louisiana, Jones Walker Law FIrm
Partner

Matthew Mantle is a partner in the firm’s Tax & Estates Practice Group and practices with the State & Local Tax Team out of the firm's New Orleans office.

Matt concentrates primarily on state and local tax matters in Louisiana, Alabama, and on a multistate basis, representing firm clients throughout the Gulf South in all areas of state and local tax. His practice includes tax and business planning, audits, administrative appeals, judicial appeals, identification and utilization of tax incentives, governmental relations, and tax legislation. He has also represented firm...

504.582.8418