For many Louisiana organizations, the biggest hurdle to AI adoption isn’t the technology—it’s the budget. However, thanks to the state’s unprecedented legislative support, Louisiana is now one of the most cost-effective places in the nation to implement artificial intelligence.
The Game-Changer: Digital Interactive Media and Software Program
Louisiana offers a unique financial edge through tax credits specifically designed for software and AI development. GeauxAI specializes in helping clients navigate these programs to maximize their return on investment.
- 25% Payroll Tax Credit: Organizations can claim a 25% credit on qualified in-state payroll for AI development.
- 18% Production Credit: A further 18% credit is available for qualified production expenditures related to AI projects.
- Accessible to All: These incentives have no cap and no minimum requirement, making them accessible to organizations of all sizes.
- Cash Rebate Options: Credits can be applied directly to state income tax or received as an 85% cash rebate.
How We Help You Maximize These Credits
Navigating state bureaucracy can be daunting. Our specialized Incentive Maximization service ensures you don’t leave money on the table:
- Eligibility Assessment: We analyze your project to ensure it meets the criteria for Louisiana’s software programs.
- Project Structuring: We help structure your AI implementation to capture the maximum possible benefit.
- Application Support: Our team handles the preparation and submission of all necessary documentation.
- Audit Readiness: We provide ongoing compliance support to ensure your credits are secure.
The Bottom Line
By leveraging these state-specific programs, AI Catalyst Louisiana helps clients reduce their net transformation costs by 20% to 40%. This isn’t just a technology upgrade; it’s a strategically funded economic evolution.
Ready to see how much you could save?
Schedule an Incentive Eligibility Consultation today.
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