Louisiana Administrative Code
Title 61 - REVENUE AND TAXATION
Part V - Ad Valorem Taxation
Chapter 1 - Constitutional and Statutory Guides to Property Taxation
Section V-113 - Assessments: General Information

Universal Citation: LA Admin Code V-113

Current through Register Vol. 50, No. 9, September 20, 2024

A. Assessment Date. Assessments shall be made on the basis of the condition of things existing on the first day of January of each year.

B. Domicile. All property subject to taxation, including merchandise or stock in trade, shall be placed upon the assessment lists in the respective parishes or districts where situated. Personal property other than aircraft (§1501.A 4), drilling rigs (§1101 B), leased equipment (§2101 A), watercraft (§701 A), and public service property (R.S. 47:1855) acquires a situs at the domicile of the holder or owner, but tangible personal property used in business operations in any other taxing district Is to be taxed where situated on January 1.

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:1703(B) and R.S. 47:1952.

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