Frequently Asked Questions
Is there an electronic filing mandate for filing a Louisiana Corporation Income and Franchise taxes return?
Yes. Louisiana Administrative Code 61:III.1503 and 1505 were promulgated to require the electronic filing of the corporation income and franchise tax return (Form CIFT-620). Taxpayers are required to file the return electronically for income (franchise) tax periods beginning:
- 1/1/2018 (1/1/2019) - if their total assets have an absolute value equal to or greater than $500,000.
- 1/1/2019 (1/1/2020)- if their total assets have an absolute value equal to or greater than $250,000.