Louisiana Gas Severance Tax 2025 Tax Rate. The louisiana governor signed a law concerning the severance tax on oil and gas. The louisiana department of revenue issued a revenue information bulletin regarding the prices applicable to oil and gas for horizontal wells in fiscal 2025, noting that the.
Act 5 / hb2, passed during the governor’s special session on taxes, lowers louisiana’s corporate income. Louisiana taxes oil at the highest rate in the nation at 12.5%, while its natural gas tax of 4% is relatively low compared to other states.
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