Sales Tax
Example
If the total purchase is $50.00, the sales tax would be $4.98 ($50*.0995)
There are a number of exclusions and exemptions from the sales tax. Various statutory exemptions and exclusions have been partially and temporarily suspended since July 1, 1986. For more information the taxable rate of transactions for Exemptions and Exclusions, see Form R-1002, Table of Sales Tax Rate Exemptions, posted on the LDR website.
Common consumer-related exemptions
- Food for home consumption;
- Utilities such as electricity, natural gas and water;
- Drugs prescribed by a physician or dentists; and
- Articles traded-in on new articles.
Property Tax
Land is assessed at
Residential buildings are assessed at
Non-residential buildings are assessed
City of Alexandria Property Tax Rate
Fair market value is determined by the Rapides Parish Assessor’s Office. Taxes due is computed by multiplying the assessed value by the tax rate
Example 1
Home with a land value of $25,000 and a building value of $75,000
Compute assessed value:
- Land – 10% of $25,000 = $2,500
- Building – 10% of $75,000 = $7,500
- Assessed Value = $10,000
Compute Property Tax: $10,000 * 0.02454 = $245.40 taxes due
Example 2
Commercial location with a land value of $25,000 and a building value of $75,000
Compute assessed value:
- Land – 10% of $25,000 = $2,500
- Building – 15% of $75,000 = $11,250
- Assessed Value = $13,7500
Compute Property Tax: $13,750 * 0.02454 = $337.43 taxes due