Louisiana § RS 47:287.75 - Computation of net income

Full text of Louisiana Louisiana Civil Code § RS 47:287.75 — Computation of net income, with citation guidance and answers to common questions.

§ RS 47:287.75. Computation of net income

The net income of a corporation is computed by subtracting allowable deductions from gross income for a taxable year.  

Acts 1986, 1st Ex. Sess., No. 16, §1, eff. Dec. 24, 1986.  

Source: official Louisiana text · Last verified 2026-08-27

Frequently Asked Questions About Louisiana § RS 47:287.75

What does Louisiana Civil Code § RS 47:287.75 cover?

Section RS 47:287.75 ("Computation of net income") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Louisiana § RS 47:287.75?

A common citation format is "Louisiana Civil Code § RS 47:287.75" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Louisiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.

How does Louisiana § RS 47:287.75 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.