Jindal will honor returns files prior to June 14

This will not last either. They are going to eventualy honor all 09,10,and 11's no matter when they are filed. Jindal can not retroactiviely change a law, and then try to change the date. 2012 vehciles will be axed in a special sessions. That is just my two cents.

LINK

Get ready for the class action lawsuits from those who were left out in the cold. You can't pay a select few, many of whom were apparentlty legislators, and refuse to pay the rest of the same class.

LSUMOM,

"This will not last either. They are going to eventualy honor all 09,10,and 11's no matter when they are filed. Jindal can not retroactiviely change a law, and then try to change the date. 2012 vehciles will be axed in a special sessions. That is just my two cents."

I believe you are right...to a certain extent.

As the state cannot give away public funds, and that is what would happen if only a few were allowed a refund that was not legal if it's determined that these E85 vehicles didn't actually qualify for the refunds as per R.S. 47:6035. If that happens, I definitely see either the State or the courts recalling those refunds.

Furthermore, if the refunds issued to date are deemed to be legal, then all vehicles purcharsed prior to the date that the law is changed will receive the refunds. The State of Louisiana also faces the issue of people buying E85 vehicles in 2012 prior to June 14 on the assumption they would receive a $3,000 credit from the State of Louisiana. Dealerships have even advertised it!

I'll say it again, this is the most bizaar tax issue I've ever faced in my 40 year career. The tax laws after Katrina and Rita now look so minor compared to this situation!

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Hopefully the court will fast track this issue so that those who have not filed will be able to rest their concern

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I think the opposite will happen. My opinion is that the June 14th cutoff is just a way to buy more time. The majority of filers who qualify are just now finding out about this and the State is trying to stop the bleeding before the onslaught of returns are filed.

I spoke with someone with the Louisiana Car Dealer's Association and he stated that the next session that this could be resolved in is not until June 2013. It is his understading that they will have a special session to ax the credit on the 2012 returns before then, and then in the regular session approve to pay out the refunds on qualifing vehicles from 2009-2011 that are filed after June 14th.

this is a joke for CPA's to deal with because they are constantly being the middle man between clients and the idiots that make up the State Dept of Revenue

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Furthermore, if the refunds issued to date are deemed to be legal, then all vehicles purcharsed prior to the date that the law is changed will receive the refunds. The State of Louisiana also faces the issue of people buying E85 vehicles in 2012 prior to June 14 on the assumption they would receive a $3,000 credit from the State of Louisiana. Dealerships have even advertised it!

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That's my issue. I purchased a vehicle in April 2012. Obviously, I can't file the return until next year. But I feel like I should be able to get the credit as well.

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Jindal's new campaign slogan, "Not On My Watch!"

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Maybe we can work out a deal where C.B. Forgotston gets to take his place for the next term, and Jindal can do some volunteer work in Lesotho for 4 years!

tax laws for the current year change all the time during the year, I don't think disallowing all 2012 credits will be a problem

Pecanman,

Positively! It's all or none until the law is changed if the interpretion by the DOR is correct! A special session in 2012 to change the law (if necessary) also will end up as an embarrassment to many of the legislators and the Governor as there is documented proof from tax professionals all over the State of Louisiana that the Gov's Office, as well as many of the legislators, were informed and asked for guidance on this situation while they were still in session....and even prior to the Declaration of Emergency being released, as well as after the Declaration.

"Interim" Secretary of the DOR will also face the fact that she might possibly have a memory issue as she participated in discussions about and PRIOR to the Declaration being issued. I smell sabotage....unless she she admits to memory problems. Either way, the more she says she knew nothing about the Declaration while employed with the DOR prior to her new position, the worse it will be for her in the end. I don't feel comfortable with her new position, however, if her title changes from "Interim" Secretary to Secretary it will again be a sad day for the State of Louisiana!