Frequently Asked Questions
Will I be assessed late fees, penalties, and interest for late filing?
Late fees, penalties, and interest will be assessed if Form R-1331 is received after the due date of the purchase.
Sales taxes are due and payable to the Department on or before the twentieth day of the month following the month in which the tax became effective per R.S. 47:306(A). For example, a return becomes delinquent on the day after the due date. If the return is filed late, taxpayers will incur a delinquent penalty of 5 percent of the tax due for each 30 days or fraction thereof of delinquency, not to exceed 25 percent of the net tax due.
NOTE – In addition to the delinquent penalties reported above, a taxpayer may also incur a negligence penalty if circumstances indicate willful negligence or intentional disregard of rules and regulations. Also, an examination fee may be imposed in the event the Department is required to issue a billing notice necessitated by the filing or lack thereof.
Interest on the tax liability is assessed from the due date through the payment received date. Interest will continue to accrue until the tax due is paid in full. Refer to Interest Rate Schedule Collected on Unpaid Taxes, Form R-1111, for applicable monthly interest rates. Form R-1111 is available on the Department’s website at http://www.revenue.louisiana.gov/Forms.