State Credit Name: Louisiana Research and Development Tax Credit

Expiration Date: December 31, 2019

Who Can Apply? Corporations and flow-through entities

Credit Carry Forward: The tax credit was refundable from 2009 through June 30, 2015. As of July 1, 2015, the credit is no longer refundable and has a carry forward period of five years. Credits claimed prior to 2009 that can’t be utilized may be carried forward, transferred or sold.

About the Credit: Louisiana defines its base amount as 70% of the prior three years of QREs. 

  • For companies with 50 or less employees, the credit rate is 40%, and a Federal Form 6765 must be filed for the current tax year.
  • The credit rate is 20% for companies that have 50-99 employees.
  • The credit rate is 8% for companies that have 100 or more employees.

Notes: Before claiming the Louisiana R&D credit, a taxpayer must apply for and receive a credit certification from the Department of Economic Development, which requires a $250 application fee. The taxpayer must claim the expenditures within one year after December 31 in which the expenditures were obtained.

Click here to find out if you qualify for the federal research credit.

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Swanson Reed

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Austin, TX 78701

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Swanson Reed

700 Lavaca Street Suite 1400Austin, Texas78701

(512) 333-2076

Swanson Reed

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Dallas, TX 75204

T: 469-522-3369
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Swanson Reed

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Houston, TX 77056

T: 281-899-0056
F: 512-256-8157

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Swanson Reed

5161 San Felipe Street Suite 320-1005Houston, TX77056

(281) 899-0056

Why Swanson Reed

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Are You Eligible?

Take our eligibility wizard to find out if you qualify for a tax credit.

Calculate Your Benefit

Use our quick calculator to determine your R&D tax credit benefit.

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For Accountants

Take advantage of our extensive database of videos, case law and recent news.

Industry Case Studies

Find out the qualifying R&D activities specific to your industry.

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