Lafayette

Dec 4, 2013 9:47 AM by AP

Lafayette moves forward to ditch tax rebate

LAFAYETTE, La. (AP) - The Lafayette City-Parish Council is considering doing away with a rebate that helps retailers cover the cost of collecting sales tax - a move widely panned by the business community.

The Advocate reports the council voted 6-3 on Tuesday to move the proposal forward, which is scheduled to come up for a final vote on Dec. 17.

The rebate, which has been in place since the 1960s, allows businesses to keep 2 percent of the total collections for city-parish sales taxes to help cover administrative expenses related to accounting for the tax and paying it.

The impact on businesses would vary widely, depending on sales.

»Comments

»Topics in this article

More News

Around Acadiana
Story Photo

48 seconds ago

Few More Clouds, Staying Warm

It looks like Acadiana's Chamber of Commerce/Department of Tourism weather will continue for much of this week through the big Festival International...

Top Videos

1 2 3 4

Most Popular