PART VI. INCOME TAX ON ESTATES AND TRUSTS
§300.1. Tax imposed
There is imposed an income tax for each taxable year upon the Louisiana taxable income of every estate or trust, whether resident or nonresident. The tax to be assessed, levied, collected, and paid upon the Louisiana taxable income of an estate or trust shall be computed at the following rates:
(1) Two percent on the first ten thousand dollars of Louisiana taxable income.
(2) Four percent on the next forty thousand dollars of Louisiana taxable income.
(3) Six percent on Louisiana taxable income in excess of fifty thousand dollars.
Acts 1996, No. 41, §1, eff. for taxable periods beginning after Dec. 31, 1996.