Louisiana compliance at a glance
- Sales tax: 4.45% state rate. State 4.45%; combined often 9-11%, highest in nation.
- Late fees: Up to 1.5% per month. (La. Rev. Stat. 搂9:3500) Conventional rate 12%/yr; commercial loans not subject to usury cap.
- Written contracts: Required for jobs over $7,500.
- Prompt-pay law: Louisiana Prompt Payment Act (La. Rev. Stat. 搂9:2784 for construction; 搂39:1695 for state). Construction subs paid within 14 days of GC receiving payment; 0.5% per day late penalty up to 15%.
Louisiana metros
- New Orleans962,165 residents 路 0% combined tax
- Baton Rouge873,661 residents 路 0% combined tax
- Lafayette414,288 residents 路 0% combined tax
- Shreveport383,295 residents 路 0% combined tax
- Slidell275,583 residents 路 0% combined tax
- Lake Charles240,082 residents 路 0% combined tax
- Houma198,672 residents 路 0% combined tax
- Alexandria148,171 residents 路 0% combined tax
- Hammond138,064 residents 路 0% combined tax