Act No. 126
To continue providing an incentive for businesses to employ apprentices and thus improve the quality of the currently available workforce, this Act extends the applicability of the apprenticeship tax credit. For all taxable periods beginning after December 31, 2007 and ending prior to January 1, 2015, employers will be allowed a non-refundable apprenticeship tax credit against any Louisiana individual or corporation income tax or corporation franchise tax each tax year equal to one dollar for each hour of employment of each eligible apprentice, not to exceed 1,000 hours for each eligible apprentice.
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