# La. Rev. Stat. § 47:45: Exclusion from gross income; gifts and inheritances

> Louisiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S45

## Section

- **Citation:** La. Rev. Stat. § 47:45
- **Heading:** Exclusion from gross income; gifts and inheritances
- **Jurisdiction:** Louisiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** LA Code / Code revised-statutes / Title 47 / Section 45

## Text

The value of property acquired by gift, bequest, devise or inheritance shall not be included in gross income and shall be exempt from taxation under this Chapter; but the income from such property shall be included in gross income.

## Nearby sections

- [La. Rev. Stat. § 47:12 Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025.](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S12.md)
- [La. Rev. Stat. § 47:21 Application of Chapter](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S21.md)
- [La. Rev. Stat. § 47:35 Neighborhood assistance tax credit](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S35.md)
- [La. Rev. Stat. § 47:45 Exclusion from gross income; gifts and inheritances](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S45.md)
- [La. Rev. Stat. § 47:46.1 Amounts received under accident and health plans](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S46.1.md)
- [La. Rev. Stat. § 47:101 Individual returns](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S101.md)
- [La. Rev. Stat. § 47:105 Payment of tax](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S105.md)
- [La. Rev. Stat. § 47:112 Income tax withheld at source](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S112.md)
- [La. Rev. Stat. § 47:112.1 Agreements for withholding with United States government](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S112.1.md)
- [La. Rev. Stat. § 47:114.1 Annual information return of service recipient](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S114.1.md)
- [La. Rev. Stat. § 47:117 Time for filing declarations of estimated income tax by individuals](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S117.md)
- [La. Rev. Stat. § 47:117.1 Payment of installments of estimated income tax by individuals](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S117.1.md)
- [La. Rev. Stat. § 47:118 Failure by individual to pay estimated income tax; penalty](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S118.md)
- [La. Rev. Stat. § 47:120.26 Income tax checkoff; donation for Louisiana Association of Councils on Aging](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S120.26.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T47_S45. Check the current official text before relying on it. Not legal advice.