1. Sample Excerpt1Louisiana Department of Revenue Sales Tax

2. Sample Excerpt2Louisiana Department of Revenue Course Agenda Module A: Imposition of the Sales Tax –Basic terminology and overview of filing Module B: Completing a Sales Tax Return –Detailed look at line items from a taxpayer perspective Module C: Correction Procedures –Review of line errors and corrections –Computer Simulation of Return in GenTax Module D: Customer Service Skills Final Game

3. Sample Excerpt3Louisiana Department of Revenue Module A: Imposition of Sales Tax After completing this module, you will be able to: –Define key terms –Identify where, when, and how to file state Sales Tax returns –Identify what constitutes a “Sale” by law –List eight (8) types of “Sales of Service” according to Louisiana Sales Tax Law –List the three components that make up the “taxable base” –Identify transactions on which sales tax must be collected

4. Sample Excerpt4Louisiana Department of Revenue Understanding the Basics What is Sales Tax? –Sales tax is the state tax levied on the retail price of merchandise. –Collected by the retailer at the time of purchase. What is the Sales Tax Rate Percentage? –The current sales tax rate is 4.00%.

5. Sample Excerpt5Louisiana Department of Revenue Understanding the Basics Prescription –Sales & Use taxes prescribe three years from the 31st day of December of the year in which the tax became due. Sales taxes collected have a 10-year prescription period. Who Must File Sales Tax Returns? –The common term for parties who must file Sales Tax returns are “Dealers.” –A Dealer is any person who purchases or receives any tangible personal property or services subject to tax.

6. Sample Excerpt6Louisiana Department of Revenue Tangible Personal Property Tangible Personal Property is defined in RS 47:301(16): –“Personal property which may be seen, weighed, measured, felt, touched, or is in any other manner perceptible to the senses.”