Taxes
Sales Tax
- Parish - 4.75%
- State - 4.00%
- Total - 8.75%
Parish Millage (2007)
- West bank - 123.99 per $1,000 of assessed value
- East bank - 123.66 per $1,000 of assessed value
Property Taxes & Assessment
Only local and parish governments levy property taxes in Louisiana. There is no state property tax. Assessors are required by law to assess improvements of industrial property at 15% of market value; land is assessed at 10%; and residential property is assessed at 10% of the fair market value. In addition, Louisiana offers a homestead exemption on the first $75,000 of the value of a person's primary residence.