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Sales tax centralization keeps moving in Senate A proposal to amend the Louisiana Constitution and centralize sales tax collection in took another step forward Monday. The Senate’s Revenue and Fiscal Affairs Committee advanced House Bill 199 by House Speaker Clay Schexnayder without objection, though sticking points remain that likely won’t be resolved in the current session. Under Louisiana’s unusual system, local officials have control of local sales tax collection, which they have argued ensures they get their money quickly and are able to spend it as local taxpayers and voters want it spent. Business advocates, however, said the system is difficult to navigate for companies that sell in multiple jurisdictions, particularly for small companies or companies from outside the state that are unfamiliar with Louisiana’s complex tax structure. ....
BATON ROUGE, La. - Â A proposal to amend the Louisiana Constitution and centralize sales tax collection in took another step forward Monday. Rep. Clay Schexnayder, Speaker of the House McHugh David | The News The Senateâs Revenue and Fiscal Affairs Committee advanced House Bill 199 by House Speaker Clay Schexnayder without objection, though sticking points remain that likely wonât be resolved in the current session. Under Louisianaâs unusual system, local officials have control of local sales tax collection, which they have argued ensures they get their money quickly and are able to spend it as local taxpayers and voters want it spent. Business advocates, however, said the system is difficult to navigate for companies that sell in multiple jurisdictions, particularly for small companies or companies from outside the state that are unfamiliar with Louisianaâs complex tax structure. ....
Terry Baugh, chief financial officer of D&J Construction in West Monroe, is the 2021 chairman. Baugh takes over for Tom O Neal of O Nealgas, Inc., the immediate past chair. Other officers include: Jude Melville, president, b1BANK, secretary Jason DeCuir, partner, Advantous Consulting, LLC, treasurer. Meagan Shields returns as chair of the Emerging Leaders Council. LABI has a 100-member volunteer board with those directors located throughout the state. It also has regional political action committees that recruit and support candidates who LABI believes will forward its causes. LABI s professional team is led by President Stephen Waguespack, who is also the chief executive. ....
Alford: Sales tax issues also on Legislature's agenda - Baton Rouge Business Report businessreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessreport.com Daily Mail and Mail on Sunday newspapers.