Louisiana derives 1/3 of its tax revenue from its 4% sales and use tax alone. Estimates show that an equal amount of tax is avoided through 192 exemptions or exclusions to sales and use tax. Since the combined state and local rate averages 10%, it is clear that the money involved in ...
Winnings on sports betting in Louisiana are taxed as income, with winning players required to pay 25% of their winnings to the IRS and an additional 5% in state tax. What you can and can't bet on in Louisiana The Louisiana Gaming Control Board was pretty strict in regards to its rules ...