LAFAYETTE, Louisiana — The Lafayette Chamber of Commerce says every other parish in the state offers businesses a tax rebate that the Lafayette City-Parish Council is considering doing away with.
The Advocate reports (http://bit.ly/1jHRNuh ) the council is scheduled to vote Dec. 17 on a proposal to end a rebate on general sales tax; the rebate helps businesses cover the administrative expense of collecting and accounting for the tax.
Supporters of the proposal have pointed to the Lafayette Parish cities of Youngsville, Carencro and Scott, all of which have nixed so-called vendor's compensation in recent years.
But outside of Lafayette Parish, every other city and parish in Louisiana still offers vendor's compensation on general sales tax collections, according to information from the Chamber based on a review of data from the state Department of Revenue.
"I didn't realize we were the only place in the state that was not doing it," said Chamber President and CEO Jason El Koubi. "I think it was kind of a surprise to a lot of folks."
El Koubi also said that every other state in the Deep South offers vendor's compensation rebates on state sales tax collections.
"If the Council moves forward with this proposal, they would put Lafayette in a very unorthodox posture that places our retail businesses at a competitive disadvantage relative to every other parish in our state," El Koubi said.
The tax rebate in Lafayette has been in place since the 1960s.
It allows businesses to keep 2 percent of the total collections for city-parish sales taxes.
The business community has been vocal in a push to keep the rebate in place.
Information from: The Advocate, http://theadvocate.com