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Tax commission recommends new plan for equitable distribution of rail taxes

Summary by New Orleans CityBusiness
The Commission on the Equitable Distribution of Ad Valorem Taxes held its final meeting on Thursday, proposing a new plan for distributing tax revenue from rolling stock assessments. Starting in tax year 2026, the Louisiana Tax Commission will use data from the Department of Transportation and Development on active rail lines to determine each parish’s percentage of the state’s total rail. This percentage will then be applied to the annual rolli…

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The Center Square broke the news in United States on Friday, March 28, 2025.
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