{"data":{"id":"us-la/rs-47-58","jurisdiction":"us-la","citation":"RS 47:58","heading":"Deductions from gross income; bad debts","body":"In computing net income, deductions shall be allowed for debts which become worthless within the taxable year, or, in the discretion of the collector, for a reasonable addition to a reserve for bad debts; and when satisfied that a debt is recoverable only in part, the collector may allow such debt as a deduction in an amount not in excess of the amount charged off within the taxable year.","path":["TITLE 47. REVENUE AND TAXATION"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=102350","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T05:02:17Z","sha256":"6ceb4075d4d87f65388dab70c8b20ed28840bf055fbcc18ac8dbbebb7c0b55c3","source_id":"us-la","stale":false,"prev":"us-la/rs-47-57","next":"us-la/rs-47-59"},"notice":"GroundRules: Original legal text. Not legal advice."}