Corporate Taxes: Difference between revisions
From LibertyWin.org
(typo correction) |
(updated BET rate) |
||
| Line 5: | Line 5: | ||
==Business Enterprise Tax== | ==Business Enterprise Tax== | ||
New Hampshire has a [https://www.revenue.nh.gov/faq/business-enterprise.htm Business Enterprise Tax] of | New Hampshire has a [https://www.revenue.nh.gov/faq/business-enterprise.htm Business Enterprise Tax] of 0.55%. | ||
Revision as of 05:29, 31 December 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 0.55%.
