If you've got a lottery win, the magic number to remember for tax purposes is $600. This is the threshold over which the operator must report your gain to the IRS as well as the Louisiana Department of Revenue and Taxation. The payer should also issue a W-2G, which is a statement o...
2008. Nevertheless, LDR claims the written law is mistaken and takes the position that the spirit of the Act was only to exclude purchases of butane and propane. The Department’s position is untenable; it is not free to ignore the letter of the law. The Louisiana...