Louisiana has recruited some of the world’s largest technology companies without establishing statewide rules for how their data centers should be valued for property taxes, reports The Center Square.
A proposal before the Louisiana Tax Commission seeks to fill that gap by creating the state’s first valuation standards for servers, storage systems, networking equipment and the infrastructure needed to power and cool the facilities.
The Louisiana Association of Business and Industry commissioned the proposal to give companies and parish assessors more certainty about future tax bills as billions of dollars in data-center investment flow into the state. Read more from The Center Square.
