• Available for new or expanding manufacturing businesses
• 5 year 100% property tax exemption with the option to renew for an additional 5 years
• Exemption includes the purchases of
  • All improvements to land
  • Machinery and Equipment
  • Furniture and Fixtures

Freeport Law

• Exempts goods and commodities in public/private storage from property tax while moving through Louisiana in interstate commerce
• Exempts goods imported into Louisiana from outside the U.S. from property tax as long as goods remain in original containers

Inventory Tax Credit

• 100% tax credit against state corporate income tax and franchise tax for local inventory taxes paid
• State refund for taxes exceeding state liability

Foreign Trade Zones

• Imported materials/components into the U. S. pay no duty until they enter the market
• Goods shipped out of the country, from the foreign trade zone, are duty free
• Located a the Port of Caddo-Bossier

Permit Fee Waivers for Automotive Related Industry

• Administered by the City of Shreveport
• Eligibility requirements
  • Creation of at least 10 new full-time jobs
  • Investment of at least $1 million in a new business or in the expansion or relocation of an existing business
  • Applicant must be part of the automotive industry

Restoration Tax Abatement

• Administered by the state
• 5 year deferred assessment of ad valorem property taxes on improvements, expansions, restorations, or development to commercial structures or owner-occupied residences
• Eligibility requirements
• Commercial property owners and homeowners, who expand, restore, improve or develop an existing structure in a qualifying district, Downtown Development District, Economic Development District, or Historic District or if the structure is on the List of Historic Places.
• Advanced notification to the state required
• Renewable for additional 5 years, with approval of the state and city

Downtown Development Area Permit Fee Waiver

• Permit fees for City Codes and Ordinances will be waived in the Downtown Development Area
• Eligibility requirements
  • Rehabilitation or renovation of buildings and structures located in the Downtown Development Area
  • Buildings and structures must have been constructed prior to 1960

University Research & Development Parks Tax
Refund Program

• Administered by the state
• Must be located in a University research and development park
• Qualified concerns - Research, Development, Manufacturing, Support or Service entities
• Tax exemptions/rebates up to 30% on corporate income tax, franchise tax or state sales/use tax not to exceed purchase price of machinery or scientific equipment used on premises
• 5 year term with option to renew for 5 additional years

Film and Video Sales/Use Tax Exclusion Program

• Administered by the state
• Available to production companies that film in Louisiana
• Expenditures in the state which equal or exceed two hundred fifty thousand dollars in connection with the filming or production of one or more motion pictures in the state within a consecutive twelve month period.
• An eligible applicant's expenditures must be made from a checking account at any financial institution in Louisiana.
• Must be filming or producing one or more nationally distributed motion pictures, videos, television series or commercials in Louisiana within any consecutive 12-month period
• Failure to expend the minimum $250,000 liables the film/production company for all sales and use taxes

Film and Video Employment/Labor Tax Credit Program

• Administered by the state
• Available to production companies that film in Louisiana and hire Louisiana residents
• Must be filming or producing one or more nationally distributed motion pictures, videos, television series or commercials in Louisiana
• Tax credit is equal to
  - 10% of the total aggregate payroll for residents when production costs in Louisiana equal or exceed $300,000 but less than $1 million during the taxable year
  - 20% of the total aggregate payroll for residents when production costs in Louisiana equal or exceed $1 million during the taxable year
• The credit may be applied to any income tax or corporate franchise tax
• Unused credits may be carried forward up to 10 years

Film and Video Investor Tax Credit Program

• Administered by the state
• Available to investor/tax payers that are domiciled in Louisiana
• Must be producing feature length films, videos, television programs or commercials made in Louisiana, in whole or in part for theatrical or television viewing or as a television pilot
• Tax credit is equal to
  - 10% of the total base investment when the investment exceeds $300,000 but is less than $8 million
  - 15% of the total base investment when the investment exceeds $8 million
• The credit may be applied to state income tax
• Unused credits may be carried forward up to 10 years