![]() Commercial property is allowed to reach a base value of 20% of orignial value while the floor for industrial property is 30%. All real and personal property belonging to charitable and other not-for-profit entitiesĪscension Parish utilizes the “use cost” approach versus the “book value” approach to determine the Fair Market Value of property. ![]() Airplanes utilized for non-commercial purposes.Boats utilized for non-commercial purposes.The following items are totally exempt from property taxes in Ascension Parish: In Louisiana, all real and personal property is assessed by the Parish Assessor, which is an elected public official accountable to the voters. There are no local income taxes in Ascension Parish. The Ascension Sales and Use Tax Authority issues business licenses for all areas of the Parish, except within the City of Gonzales.Īscension Parish and the three municipalities located therein levy a combined 4.5¢ retail sales tax in addition to the applicable state sales tax. Manufacturers in Ascension Parish are exempt from BPOL taxes. 0002) which is applicable to lending institutions. The current minimum applicable rate in the Parish is. 0039) which applies to commission brokerage firms. At present, the maximum scheduled rate for any establishment in Ascension Parish is. After the base fee, there are sliding scales for each type of establishment (i.e., retail, wholesale, etc.). Most of the municipalities utilize a minimum base fee of $50 for businesses that generate minimal gross receipts. These taxes are generally based on a percentage of annual gross sales and vary by the type of establishment. Business, Professional & Occupational LicensesīPOL taxes are levied by the Parish and the three municipalities located in the parish.
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