New Hampshire 2025 Regular Session

New Hampshire House Bill HB255

Introduced

1/7/25

Refer

1/7/25

Report DNP

2/7/25

Report Pass

2/7/25

Increasing the percentage of revenue deposited in the education trust fund from the business profits tax.

No companion bills found.

Relative to increasing the amount of the expense deduction allowed against the business profits tax.

Relative to removing the net operating loss deduction limit on taxable income under the business profits tax.

Relative to the rates of the business profits tax, business enterprise tax, communications service tax, and meals and rooms tax.

Relative to allowing a business profits tax adjustment for the depreciation deduction permitted under Internal Revenue Code Section 168(k).

Relative to removing the net operating loss deduction limit on taxable income under the business profits tax.

Relative to worldwide combined reporting for unitary businesses under the business profits tax.

Relative to worldwide combined reporting for unitary businesses under the business profits tax.

Relative to distinguishing between C corporations and S corporations for purposes of calculating business profits taxes.

Increasing the annual real estate transfer tax revenue contribution to the affordable housing fund.

Relative to taxation of sole proprietorship businesses.

No similar bills found.