Corporate Taxes: Difference between revisions
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==Business Profits Tax== | ==Business Profits Tax== | ||
BPT acts as an income tax on sole proprietors. Over the past 6 years, liberty-lovers in New Hampshire have managed to beat back the 8.5% [https://www.revenue.nh.gov/faq/business-profits.htm Business Profits Tax] down to 7.6%. By 2024 this will have decreased to 7.5%. This tax has been aggressively targeted by pro-liberty legislators and citizen groups and is on the docket for further reduction in the future. | |||
==Business Enterprise Tax== | ==Business Enterprise Tax== | ||
New Hampshire has a [https://www.revenue.nh.gov/faq/business-enterprise.htm Business Enterprise Tax] of 0.60% at the present. By 2023 this will decrease to 0.55%. | New Hampshire has a [https://www.revenue.nh.gov/faq/business-enterprise.htm Business Enterprise Tax] of 0.60% at the present. By 2023 this will decrease to 0.55%. | ||
Revision as of 16:25, 21 September 2022
Business Profits Tax
BPT acts as an income tax on sole proprietors. Over the past 6 years, liberty-lovers in New Hampshire have managed to beat back the 8.5% Business Profits Tax down to 7.6%. By 2024 this will have decreased to 7.5%. This tax has been aggressively targeted by pro-liberty legislators and citizen groups and is on the docket for further reduction in the future.
Business Enterprise Tax
New Hampshire has a Business Enterprise Tax of 0.60% at the present. By 2023 this will decrease to 0.55%.
