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RYP Tax Alert – 2019 New Hampshire Tax Legislation In Review
RYP Tax Alert – 2019 New Hampshire Tax Legislation In Review

2019 NEW HAMPSHIRE TAX LEGISLATION IN REVIEW

The 2019 legislative session promised to present substantive discussions about tax policy in the Granite State.  Included within those discussions were proposals to:  change the manner in which service receipts are taxed under the Business Profits Tax; differently weight the apportionment factor for Business Profits Tax; respond to the U.S. Supreme Court’s Wayfair decision impacting sales and use taxes on in-state businesses who sell products to other states; and suspending or rescinding scheduled tax rate decreases.  Chris Sullivan and Kathryn Michaelis of RYP’s Tax Practice Group, both based in Concord, New Hampshire, provide a brief highlight of the key legislative changes enacted in 2019 as they affect both in-state and multistate businesses.

Click here for the full Tax Alert.

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