Louisiana DOR Amends Regulations Concerning Income Tax Return Filing Extensions

The Louisiana Department of Revenue April 20 amended regulations on income tax return filing extensions, for corporate income, individual income, and trust income tax purposes. The rules include measures: 1) specifying that for taxable periods beginning on or after Jan. 1, 2022, the Secretary of Revenue will automatically grant a reasonable extension of time to file state income tax and franchise tax returns, until the later of the taxpayer’s federal extension or six months from the due date; 2) nullifying and voiding the filing extension, and assessing delinquent filing penalties from the original due date, for taxpayers who fail to ...