Repeals the business profits tax in New Hampshire.
New Hampshire HB1546 repeals the business profits tax, which was previously imposed on business profits earned within the state. The bill includes several amendments to various sections of the Revised Statutes of New Hampshire (RSA) to reflect the repeal of the business profits tax. These amendments include changes to definitions, tax credit applications, and the treatment of certain business activities. The repeal is set to take effect on January 1, 2027.
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