1. Louisiana Revised Statute (RS) $47:6015$
  2. Louisiana Economic Development (LED)
  3. Louisiana Department of Revenue (LDR/DOR)
  4. Qualified Research Expenditure (QRE)
  5. Louisiana Qualified Research Expenditure (LQRE)
  6. Internal Revenue Code (IRC) Section 41
  7. IRC Section 41(d) (Qualified Research Definition)
  8. Income and Corporation Franchise Taxes
  9. Credit Application Fee (0.5% of requested credit)
  10. Minimum Application Fee ($500)
  11. Maximum Application Fee ($15,000)
  12. Pre-Approval/Certification Requirement
  13. Certification by LED (Prior to Claiming)
  14. Tax Credit Incentive
  15. Tax Credit Registry (for Transferred Credits)
  16. Form R-620 (Research and Development Tax Credit Claim Form)
  17. Form R-6135 (SBIR/STTR Transfer Notification Form)
  18. Base Amount (for Credit Calculation)
  19. Average LQRE (3 Previous Tax Years)
  20. Small Business Credit Rate (Up to 30%)
  21. Entity Employing Less Than 50 Persons
  22. Entity Employing 50 to 99 Persons (Credit Rate)
  23. Entity Employing 100 or More Persons (Credit Rate)
  24. Full-Time Equivalent (FTE) Employees (Louisiana-Based)
  25. Credit Carryforward Period (5 Years or 10 Years, varies)
  26. Nonrefundable Credit
  27. Taxable Year
  28. Wages for Qualified Services (in Louisiana)
  29. Direct Supervision (of Qualified Research)
  30. Direct Support (of Qualified Research)
  31. Direct Performance (of Qualified Research)
  32. General or Administrative Wages (Exclusion)
  33. Cost of Supplies (in Louisiana)
  34. Supplies Consumed (in Qualified Research)
  35. Contract Research Expenses (65% Limitation)
  36. Written Agreement (for Contract Research)
  37. Taxpayer Bears Financial Risk (Contract Research)
  38. Basic Research Payments (Qualified Organization)
  39. Federal Form 6765 (Required Documentation)
  40. Small Business Innovation Research (SBIR) Grant
  41. Small Business Technology Transfer (STTR) Grant
  42. SBIR/STTR Tax Credit (30% of Award)
  43. Transferable Credit (SBIR/STTR Credit Only)
  44. Aggregate Cap ($12 Million Statewide – Post-2025)
  45. Expenditure Verification Report (CPA/Tax Attorney)
  46. Control Group or Affiliates (Employee Count)
  47. Business Component (Federal Four-Part Test)
  48. Technological in Nature (Federal Four-Part Test)
  49. Narrative Describing R&D Activities (Required Documentation)