For taxable periods ending on or after December 31, 2022, this filing threshold is increased to $92,000.įor taxable periods beginning after December 31, 2015, partnership returns are due on the 15th day of the 3rd month following the end of the taxable period. However, organizations with $50,000 or less of gross business income from all their activities are not required to file a return. For taxable periods ending on or after December 31, 2022, the BPT rate is reduced to 7.6%.Īny business organization, organized for gain or profit carrying on business activity within the State is subject to this tax. For taxable periods ending on or after December 31, 2019, the BPT rate is reduced to 7.7%. For taxable periods ending on or after December 31, 2018, the BPT rate is reduced to 7.9%. Organizations operating a unitary business must use combined reporting in filing their New Hampshire Business Tax return.įor Taxable periods ending on or after December 31, 2016, the BPT rate is reduced to 8.2%. For multi-state businesses, income is apportioned, using a weighted sales factor of two and the payroll and property factors.
Can the NH Community Development Finance Authority (CDFA) credit be taken against BPT & Business Enterprise Tax?.Can I amend for an NOL and get a refund?.Is the DP-132, NOL Deduction Form, required?.How do I calculate the Net Operating Loss (NOL) carryover?.Do all Federal Schedules need to be attached to returns?.Are Sub-S corporations treated differently in New Hampshire than C corporations for tax purposes?.Do I have to file a BPT return if my installment sale income is less than $50,000?.I have a proprietorship can I split the rental income between my wife and myself?.Am I required to pay estimates during my first year?.
What is the Business Profits Tax (BPT)?.
0 kommentar(er)
