Louisiana Revised Statutes 11:3300 – Exemption from state income tax
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Terms Used In Louisiana Revised Statutes 11:3300
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
Any annuity, retirement allowance or benefits, or refund of contributions, or any optional benefit or any other benefit paid to any person under the provisions of this Part shall be exempt from any state income tax.
Acts 1991, No. 218, §1; Redesignated from La. Rev. Stat. 33:2140.1 by Acts 1991, No. 74, §5, eff. June 25, 1991.