reglab/housing_qa huggingface dataset:
NH Rev Stat § 77-A:4-b (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:4-b - Special Rule for Exchanges of Like-Kind Property Under Internal Revenue Code Section 1031.

    77-A:4-b Special Rule for Exchanges of Like-Kind Property Under Internal Revenue Code Section 1031. –||I. In the case of a qualified like-kind exchange under Internal Revenue Code section 1031, in which a business organization uses a single member limited liability company, revocable trust, or other entity disregarded for federal income tax purposes as the recipient of replacement property, the recipient entity shall take the basis of the relinquished property as held by the parent business organization, prior to the exchange, as computed for federal income tax purposes.||II. The recipient of the replacement property, for all other purposes, and in keeping with the requirements of separate entity taxation under this chapter, shall be a business organization, as defined in RSA 77-A:1, I and subject to the provisions of RSA 77-A.|||Source. 2010, 286:1, eff. July 8, 2010.|
NH Rev Stat § 77-A:4-c (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:4-c - Repealed by 2020, 37:4, V, eff. July 29, 2020.

    77-A:4-c Repealed by 2020, 37:4, V, eff. July 29, 2020. –|
NH Rev Stat § 77-A:5-a (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:5-a - Repealed by 2014, 28:2, eff. May 23, 2014.

    77-A:5-a Repealed by 2014, 28:2, eff. May 23, 2014. –|
NH Rev Stat § 77-A:7 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:7 - Payments Due With Returns and With Estimates.

    77-A:7 Payments Due With Returns and With Estimates. –||I. (a) All business organizations required under RSA 77-A:6, II to make payments of estimated tax shall make such payments in installments as follows: 25 percent is due and payable on the fifteenth day of the fourth month of the subsequent taxable year; 25 percent is due and payable on the fifteenth day of the sixth month of the subsequent taxable year; 25 percent is due and payable on the fifteenth day of the ninth month of the subsequent taxable year; and 25 percent is due and payable on the fifteenth day of the twelfth month of the subsequent taxable year. Any business enterprise tax credit which may be applied under RSA 77-A:5, X may be applied to the estimated tax payments.||(b) If the return required by RSA 77-A:6, I shows an additional amount to be due, such additional amount is due and payable on the prescribed payment date. If such return shows an overpayment of the tax due, the commissioner shall refund or credit the overpayment to the taxpayer in accordance with RSA 21-J:28-a, except that:||(1) For taxable periods ending on or after December 31, 2022 a credit shall only be allowed in an amount up to 500 percent of the total tax liability for the taxable period and the remainder of the overpayment shall be refunded;||(2) For taxable periods ending on or after December 31, 2025 a credit shall only be allowed in an amount up to 250 percent of the total tax liability for the taxable period and the remainder of the overpayment shall be refunded; and||(3) For taxable periods ending on or after December 31, 2027 a credit shall only be allowed in an amount up to 100 percent of the total tax liability for the taxable period and the remainder of the overpayment shall be refunded. ||II. [Repealed.]|||Source. 1970, 5:1; 56:6. 1971, 515:8. 1973, 544:9. 1975, 439:34, VII. 1979, 446:4. 1988, 23:4. 1990, 3:71. 1991, 163:17. 1993, 350:18, eff. July 1, 1993. 2012, 253:1, eff. July 1, 2012. 2021, 91:115, eff. June 25, 2021.|
NH Rev Stat § 77-A:7-a (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:7-a - Repealed by 1991, 163:43, X, eff. May 27, 1991.

    77-A:7-a Repealed by 1991, 163:43, X, eff. May 27, 1991. –|
NH Rev Stat § 77-A:7-b (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:7-b - Repealed by 2021, 91:118, effective November 1, 2021.

    77-A:7-b Repealed by 2021, 91:118, effective November 1, 2021. –|
NH Rev Stat § 77-A:8 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:8 - Additional Returns.

    77-A:8 Additional Returns. –||When the commissioner has reason to believe that a taxpayer has failed to file a return or to include any part of its gross business profits in a filed return, the commissioner may require the taxpayer to file a return or a supplementary return showing such additional information as the commissioner prescribes. Upon the receipt of the supplementary return, or if none is received within the time set by the commissioner, the commissioner may find and assess the amount due upon the information that is available. The making of such additional return does not relieve the taxpayer of any penalty for failure to make a correct original return or relieve it from liability for interest imposed under RSA 21-J:28 or any other additional charges imposed by the commissioner. This section shall not be construed to modify or extend the statute of limitations provided in RSA 21-J:29.|||Source. 1970, 5:1. 1971, 515:9. 1973, 544:9. 1975, 439:30. 1991, 163:18, eff. May 27, 1991.|
NH Rev Stat § 77-A:9 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:9 - Extension of Time for Returns.

    77-A:9 Extension of Time for Returns. –||For good cause, the commissioner may extend the time within which a taxpayer is required to file a return, and if such return is filed during the period of extension no penalty may be imposed for failure to file the return at the time required by this chapter, but the taxpayer shall be liable for interest and late payment charges as prescribed in RSA 21-J:28, 32, or 33. Failure to file the return during the period of the extension shall void the extension.|||Source. 1970, 5:1. 1971, 515:10. 1973, 544:9. 1981, 445:10; 465:4. 1982, 42:98. 1983, 441:4. 1985, 204:11. 1991, 163:19, eff. May 27, 1991.|
NH Rev Stat § 77-A:10 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:10 - Corrections.

    77-A:10 Corrections. –||Each taxpayer shall report to the commissioner of revenue administration any change in the amount of its gross business profits as finally determined by the United States Internal Revenue Service with respect to any previous year for which the taxpayer has made a return under this chapter. Such a report shall be made not later than 6 months after the taxpayer has received notice from the United States Internal Revenue Service that such change has finally been determined. Notwithstanding any other provision of law, a taxpayer reporting a correction pursuant to this section shall be given notice by the department within 6 months of the filing of the report that the return is being reviewed.|||Source. 1970, 5:1. 1973, 544:9. 1991, 163:20, eff. May 27, 1991. 2013, 90:3, eff. Aug. 19, 2013.|
NH Rev Stat § 77-A:11 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:11 - Taxpayer Records.

    77-A:11 Taxpayer Records. –||Every business organization shall:||I. Keep such records as may be necessary to determine the amount of its liability under this chapter and to determine whether the compensation claimed as a deduction under RSA 77-A:4, III is reasonable;||II. Preserve such records for the period of 3 years or until any litigation or prosecution hereunder is finally determined;||III. Make such records available for inspection by the commissioner or authorized agents, upon demand, at reasonable times during regular business hours. Whoever violates the provisions of this section shall be subject to the penalties imposed under RSA 21-J:39.||IV. Any taxpayer records obtained or inspected by the commissioner or his or her agents for the purpose of conducting an audit of the taxpayer's compliance or liability under this chapter shall be kept confidential and not disclosed for any purpose unless required by law.||V. In any judicial proceeding under this chapter, all taxpayer records and related pleadings shall remain sealed and not disclosed to any non-party to the proceeding for any purpose unless required by law.|||Source. 1970, 5:1. 1973, 528:21; 544:9, 11, VIII. 1991, 163:21. 1996, 154:4. 2011, 207:5, eff. June 25, 2011. 2017, 254:1, eff. Sept. 16, 2017.|
NH Rev Stat § 77-A:12 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:12 - Repealed by 1991, 163:43, XI, eff. May 27, 1991.

    77-A:12 Repealed by 1991, 163:43, XI, eff. May 27, 1991. –|
NH Rev Stat § 77-A:13 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:13 - Repealed by 1991, 163:43, XII, eff. May 27, 1991.

    77-A:13 Repealed by 1991, 163:43, XII, eff. May 27, 1991. –|
NH Rev Stat § 77-A:14 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:14 - Repealed by 1991, 163:43, XIII, eff. May 27, 1991.

    77-A:14 Repealed by 1991, 163:43, XIII, eff. May 27, 1991. –|
NH Rev Stat § 77-A:15 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:15 - Administration.

    77-A:15 Administration. –||I. The commissioner shall collect the taxes, interest, additions to tax and penalties imposed under this chapter. The commissioner shall determine the expense of administration of this chapter and shall certify and pay over to the state treasurer the amount of remaining balance of the funds collected under this chapter after the expenses of administration have been deducted.||II. The commissioner of revenue administration shall adopt rules, pursuant to RSA 541-A, relative to:||(a) The administration of the business profits tax; and||(b) The recovery of any tax, interest on tax, or penalties imposed by this chapter or by RSA 21-J.||III. The commissioner may institute actions in the name of the state to recover any tax, interest on tax, additions to tax or the penalties imposed by this chapter.||IV. In the collection of the tax imposed by this chapter, the commissioner may use all of the powers granted to tax collectors under RSA 80 for the collection of taxes, except that the tax imposed by this chapter shall not take precedence over prior recorded mortgages. The commissioner shall also have all of the duties imposed upon the tax collectors by RSA 80 that are applicable. The provisions of RSA 80:26 apply to the sale of land for the payment of taxes due under this chapter, and the state treasurer is authorized to purchase the land for the state. If the state purchases the land, the state treasurer shall certify the purchase to the governor, and the governor shall draw a warrant for the purchase price out of any money in the treasury not otherwise appropriated.||V, VI. [Repealed.]|||Source. 1970, 5:1; 57:2, 5. 1973, 544:9, 11. 1975, 439:34, VIII. 1977, 118:1. 1979, 446:5. 1981, 128:18, 19; 445:12. 1991, 163:22, 43, XIV. 1996, 154:5, eff. July 1, 1996.|
NH Rev Stat § 77-A:16 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:16 - Repealed by 1977, 203:2, eff. Aug. 13, 1977.

    77-A:16 Repealed by 1977, 203:2, eff. Aug. 13, 1977. –|
NH Rev Stat § 77-A:17 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:17 - Repealed by 1991, 163:43, XV, eff. May 27, 1991.

    77-A:17 Repealed by 1991, 163:43, XV, eff. May 27, 1991. –|
NH Rev Stat § 77-A:18 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:18 - Certifications for Dissolution, Withdrawal and Good Standing.

    77-A:18 Certifications for Dissolution, Withdrawal and Good Standing. –||I. (a) No corporation and no limited liability company organized under any law of this state may transfer property to its shareholders pursuant to RSA 293-A:14.05(a) or to its members and managers pursuant to RSA 304-C:141 until all taxes, interest, and penalties imposed upon the corporation or limited liability company under this chapter have been fully paid and a certificate of dissolution shall have been obtained from the commissioner of revenue administration that no returns, tax, interest, or penalties for taxes administered by the department are due and unpaid.||(b) A corporation or limited liability company wishing to transfer property to its shareholders pursuant to RSA 293-A:14.05(a) or to its members or managers pursuant to RSA 304-C:141 shall submit a written request containing the complete corporate or limited liability company name and identification number and accompanied by a nonrefundable fee of $30 to the commissioner of revenue administration. This fee shall be deposited into the general fund. If, after reviewing the corporation's or limited liability company's records, the commissioner determines that no returns, tax, interest, or penalties for taxes administered by the department are due and unpaid, the commissioner shall prepare a certificate in accordance with subparagraph (a).||II. A business organization wishing to obtain a statement for withdrawal, in accordance with RSA 293-A:15.20(b)(6) or RSA 304-C:179, shall submit a written request containing the complete corporate or limited liability company name and identification number and accompanied by a nonrefundable fee of $30 to the commissioner of revenue administration. This fee shall be deposited into the general fund. If, after reviewing the business organization's records, the commissioner determines that no returns, tax, interest, or penalties for taxes administered by the department are due and unpaid, the commissioner shall prepare a statement for withdrawal for the purposes required under RSA 293-A:15.20(b)(6) or RSA 304-C:179.||III. A business organization wishing to obtain a statement that it is in good standing with the department of revenue administration shall submit a written request containing the complete corporate or limited liability company name and identification number and accompanied by a non-refundable fee of $30 to the commissioner of revenue administration. This fee shall be deposited into the general fund. If, after reviewing the business organization's records, the commissioner determines that no returns, tax, interest or penalties for taxes administered by the department are due and unpaid, the commissioner shall prepare a statement of good standing.|||Source. 1970, 5:1. 1973, 544:9. 1989, 408:10. 1992, 255:2. 1993, 313:11, eff. July 1, 1993. 2012, 232:5, eff. Jan. 1, 2013.|
NH Rev Stat § 77-A:19 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:19 - Repealed by 1991, 163:43, XVI, eff. May 27, 1991.

    77-A:19 Repealed by 1991, 163:43, XVI, eff. May 27, 1991. –|
NH Rev Stat § 77-A:20 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:20 - Repealed by 1981, 568:122, III, eff. July 1, 1984.

    77-A:20 Repealed by 1981, 568:122, III, eff. July 1, 1984. –|
NH Rev Stat § 77-A:20-a (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:20-a - Distribution of Funds.

    77-A:20-a Distribution of Funds. –||I. The commissioner shall determine the additional amounts of revenue produced by an increase of 1.5 percent in the rate of tax imposed by RSA 77-A:2 for each fiscal year and shall certify such amounts to the state treasurer by October 1 of that year for deposit in the education trust fund established by RSA 198:39.||II. The commissioner shall make quarterly estimates of the amount of additional revenues that will be produced by the increase in tax rate for the next fiscal year and shall certify such amounts to the state treasurer for deposit in the education trust fund established by RSA 198:39. Such estimates shall be certified on June 1, September 1, December 1, and March 1 of each year.|||Source. 1999, 17:20. 2001, 158:20, eff. July 1, 2001.|
NH Rev Stat § 77-A:21 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:21 - Severability.

    77-A:21 Severability. –||If any provision of this chapter or the application thereof to any person or circumstance is held to be invalid, the invalidity shall not affect any other provision or the application of such provision to other persons or circumstances, and to this end the provisions of this chapter are severable.|||Source. 1981, 445:13, eff. July 1, 1981.|
NH Rev Stat § 77-A:22 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:22 - Repealed by 2016, 153:2, eff. Nov. 1, 2016.

    77-A:22 Repealed by 2016, 153:2, eff. Nov. 1, 2016. –|
NH Rev Stat § 77-A:23 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:23 - Repealed by 2017, 106:2, eff. Nov. 1, 2018.

    77-A:23 Repealed by 2017, 106:2, eff. Nov. 1, 2018. –|
NH Rev Stat § 77-A:23-a (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-A - Business Profits Tax|Section 77-A:23-a - Repealed by 2019, 346:433 eff. Dec. 1, 2020.

    77-A:23-a Repealed by 2019, 346:433 eff. Dec. 1, 2020. –|
NH Rev Stat § 77-E:2 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-E - Business Enterprise Tax|Section 77-E:2 - Imposition of Tax.

    77-E:2 Imposition of Tax. –||I. For all taxable periods ending on or after December 31, 2019, a tax is imposed at the rate of 0.6 percent upon the taxable enterprise value tax base of every business enterprise.||II. For all taxable periods ending on or after December 31, 2022, a tax is imposed at the rate of 0.55 percent upon the taxable enterprise value tax base of every business enterprise.|||Source. 1993, 350:19. 1999, 17:21; 303:1. 2001, 158:21, eff. July 1, 2001. 2015, 274:24, eff. Jan. 1, 2016. 2017, 156:214, eff. Jan. 1, 2019. 2019, 346:201, eff. July 1, 2019. 2021, 91:109, eff. June 25, 2021.|
NH Rev Stat § 77-E:3 (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-E - Business Enterprise Tax|Section 77-E:3 - Special Adjustments.

    77-E:3 Special Adjustments. –||The following adjustments shall be made to the enterprise value tax base in determining taxable enterprise value tax base:||I. In the case of a business enterprise, the enterprise value tax base of which includes compensation derived from self-employment income subject to tax under section 1401 of the United States Internal Revenue Code, a deduction of such amounts of compensation as are retained for use in the business enterprise, except that no amount of compensation deducted under RSA 77-A:4, III shall be included in this deduction. The burden shall be upon the business enterprise to show that any amounts deducted have actually been retained for use in the business enterprise.||II. In the case of a business enterprise which is a corporation, a deduction of an amount equal to dividends received from another corporation which have previously been included in the payor corporation's taxable enterprise value tax base subject to taxation under this chapter and which payor corporation is, at the close of the day on which such dividend is received, a member of the same affiliated group as the corporation receiving the dividend. For purposes of this section, the term "affiliated group" shall have the meaning given such terms by section 1504(a) of the United States Internal Revenue Code, except that for such purposes sections 1504(b)(2), 1504(b)(4), and 1504(c) thereof shall not apply.||III. In the case of a business enterprise which is not a corporation, a deduction of an amount equal to dividend distributions received from another business enterprise which have previously been included in the payor business enterprise's taxable enterprise value tax base subject to taxation under this chapter and which payor business enterprise is, at the close of the day on which such dividend is received, a member of the same affiliated group as the business enterprise receiving the dividend distribution. For purposes of this section, the term "affiliated group" shall be determined by rules adopted by the commissioner similar to those applicable to corporations in paragraph II.|||Source. 1993, 350:19, eff. July 1, 1993.|
NH Rev Stat § 77-E:3-a (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-E - Business Enterprise Tax|Section 77-E:3-a - Repealed by 2007, 263:123, III, effective July 1, 2020.

    77-E:3-a Repealed by 2007, 263:123, III, effective July 1, 2020. –|
NH Rev Stat § 77-E:3-b (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-E - Business Enterprise Tax|Section 77-E:3-b - Credit for Research and Development.

    77-E:3-b Credit for Research and Development. –||The unused portion of any research and development credit awarded by the commissioner under RSA 77-A:5, XIII shall be available to apply to the business enterprise tax.|||Source. 2007, 271:2, eff. July 1, 2007; 271:6, II, eff. July 1, 2015.|
NH Rev Stat § 77-E:3-c (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-E - Business Enterprise Tax|Section 77-E:3-c - Coos County Job Creation Tax Credit.

    77-E:3-c Coos County Job Creation Tax Credit. –||I. (a) There shall be a tax credit allowed for each qualified tax credit employee, for up to 5 consecutive tax periods, as certified by the commissioner of business and economic affairs under RSA 162-Q:1. The amount of the tax credit shall be as follows:||(1) $750 for each qualified tax credit employee earning wages which are equal to or greater than 150 percent but less than 200 percent of the current state minimum wage.||(2) $1000 for each qualified tax credit employee earning wages which are equal to or greater than 200 percent of the current state minimum wage.||(b) If the position held by a qualified tax credit employee ceases to exist at any time during the 5 consecutive tax periods, the employer may not claim the credit for the tax period in which the position ceased to exist or for future tax periods within the 5 consecutive tax periods.||II. After being initially granted, the tax credit shall be renewable for 4 consecutive additional years, provided that no additional tax credit shall be granted under this chapter for any tax period after December 31, 2027.||III. Unused portions of this credit shall be carried forward up to 5 years. Unused, carried forward credit under this section shall be applied before any other available carry-forward credit.||IV. For the purpose of the credit allowed under this section, the Coos county job creation tax credit shall be considered taxes paid under RSA 77-E.|||Source. 2008, 172:3, eff. June 9, 2008. 2013, 73:1, eff. July 1, 2013. 2017, 156:14, II, eff. July 1, 2017. 2019, 346:199, eff. July 1, 2019.|
NH Rev Stat § 77-E:3-d (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-E - Business Enterprise Tax|Section 77-E:3-d - Education Tax Credit.

    77-E:3-d Education Tax Credit. –||The education tax credit as computed in RSA 77-G:4 shall be allowed against the tax due under this chapter.|||Source. 2012, 287:3, eff. June 27, 2012.|
NH Rev Stat § 77-E:3-e (2021)
2021 New Hampshire Revised Statutes|Title V - Taxation|Title 77-E - Business Enterprise Tax|Section 77-E:3-e - Granite State Paid Family Leave Plan Tax Credit.

    77-E:3-e Granite State Paid Family Leave Plan Tax Credit. –||There shall be a tax credit allowed against the tax due under this chapter in an amount equal to 50 percent of the premium paid by a sponsoring employer for family and medical leave insurance coverage offered to employees pursuant to RSA 21-I:103 for the taxable period in which the premium is paid.|||Source. 2021, 91:469, eff. July 1, 2021.|