Jay Adams, a partner and leader of the state and local tax team, and Josh Sanchez-Secor, an associate on the state and local tax team, co-authored the Bloomberg Tax article "Louisiana Aims to Empower Parishes to Set Business Inventory Tax" published on January 31, 2025. In the article, Jay and Josh discuss HB 7, a proposed constitutional amendment that would exempt business inventory from property taxes or lower the property tax burden on business inventory. They explain that if passed, the amendment could potentially impact C corporations and local revenue structures.
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