The Louisiana Department of Revenue issued Revenue Information Bulletin (“RIB”) No. 20-011, which provides filing and payment extension relief for monthly Louisiana severance tax returns, payments, and reports due on April 25, 2020.
The RIB provides that the filing and payment deadline for the February 2020 monthly oil and gas severance tax return, which is normally due on April 25, 2020, is now extended to June 25, 2020.
This is an automatic extension, and no extension request is necessary.
No penalties or interest will be assessed provided that the applicable monthly return, payment, and report for this severance tax period are submitted to the department by the June 25, 2020, extension date.
Importantly, however, this extension does not apply to severance tax returns, payments, or reports due on any other dates.