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September 20, 2012 |
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Rev 303.03(f) is being amended to include a reference to a new statutory provision from HB 242 (codified as RSA 77-A:4, XIII(e)), which allows business organizations to carry forward net operating losses up to $10,000,000 on or after January 1, 2013 as a deductionwhen calculating their business profits tax. The Initial Proposal was filed with the Office of Legislative Services, Division of Administrative Rules, on September 20, 2012. Please take notice that the Department will hold a public hearing on Friday, October 19, 2012 at 2:00 p.m. at 109 Pleasant Street, 2nd floor, Training Room, Concord, NH on this rule amendment. |
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September 12, 2012 |
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Today the Department filed three rule proposals with the Office of Legislative Services to implement the new Education Tax Credit Program in SB 372, which is scheduled to begin on January 1, 2013 and where organizations can seek approval as a "Scholarship Organization" to accept donations from business organizations or business enterprises seeking to make a donation to approved scholarship organizations and receive a tax credit against their business profits or business enterprise tax liability. The three rule proposals are: Chapter Rev 3200 (Education Tax Credit Program), Rev 306 (Education Tax Credit for BPT) and Rev 2406.06 (Education Tax Credit for BET). Please take notice that the Department will hold a public hearing on Friday, October 19, 2012 at 10:00 a.m. at 109 Pleasant Street, 2nd floor, Training Room, Concord, NH on these rule proposals. |
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August 23, 2012 |
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Chapter Rev 1600 is being readopted in its entirety with editorial and housekeeping amendments to comply with the provisions of RSA 541-A, as the rules are scheduled to expire on September 24, 2012, but are subject to extension pursuant to RSA 541-A:14-a. Chapter Rev 1600 sets forth the Department's rules for enforcement of the Communications Services Tax pursuant to RSA 82-A. The editorial and housekeeping amendments include the addition of definitions, the removal and repeal of expired provisions, updated contact information for the Department, and various editorial amendments. The Initial Proposal was filed with the Office of Legislative Services, Division of Administrative Rules, on August 15, 2012. Please take notice that the Department will hold a public hearing on Friday, September 14, 2012 at 10:00 a.m. at 109 Pleasant Street, 2nd floor, Training Room, Concord, NH on the readoption of this rule chapter. |
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August 23, 2012 |
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Rev 1700 is being readopted in its entirety with editorial and housekeeping amendments to comply with the provisions of RSA 541-A, as the rules are scheduled to expire on September 24, 2012, but are subject to extension pursuant to RSA 541-A:14-a. Chapter Rev 1700 sets forth the Department's rules for the uniformity of municipal accounts for cities and towns. The editorial and housekeeping amendments include the addition of definitions, the removal of expired provisions, updates to conform to GASB, updated contact information for the Department and updates to the forms and reports provisions, as well as various editorial amendments. The Initial Proposal was filed with the Office of Legislative Services, Division of Administrative Rules, on August 15, 2012. Please take notice that the Department will hold a public hearing on Thursday, September 13, 2012 at 10:00 a.m. at 109 Pleasant Street, 2nd floor, Training Room, Concord, NH on the readoption of this rule chapter. |
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August 13, 2012 |
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The new Education Tax Credit program (Chp. 287, Laws 2012) is scheduled to begin on January 1, 2013. At that time, organizations seeking approval as a "Scholarship Organization" may apply to the DRA for such approval. Likewise, beginning on January 1, 2013, business organizations seeking to make a donation to an approved Scholarship Organization and receive a tax credit may begin applying to the DRA. Applications for both will be made on forms created by the DRA. Applications will not be accepted prior to January 1, 2013. The DRA is currently drafting proposed rules and forms to implement the new Education Tax Credit program. The draft of those proposed rules and forms should be available to the public for review in the first week of September. Then, a public hearing to receive public comment on those proposed rules and forms will likely be held in late September or early October. The DRA will provide notice to the public of the rulemaking process on its website (www.revenue.nh.gov). In September/October, the DRA will also issue a Technical Information Release (TIR) describing the proposed rules and forms and providing further guidance on the new Education Tax Credit program. |
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July 11, 2012 |
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Technical Information Release providing a reference guide of relevant statutory changes made during the 2012 Legislative Session by the New Hampshire General Court impacting various taxes administered by the DRA. |
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July 2, 2012 |
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Chapter Rev 900 is being readopted in its entirety with editorial and housekeeping amendments to comply with the provisions of RSA Chapter 541-A, as the rules will expire in August 2012. Chapter Rev 900 sets forth the Department's rules for enforcement of the Interest and Dividends Tax pursuant to RSA Chapter 77. The editorial and housekeeping amendments include the addition of a definition for Department, updated contact information for the Department, and various editorial amendments. The Initial Proposal was filed with the Office of Legislative Services, Division of Administrative Rules, on June 27, 2012. Please take notice that the Department will hold a public hearing on Thursday, July 26, 2012 at 10:00 a.m. at 109 Pleasant Street, 2nd floor, Training Room, Concord, NH on the readoption of this rule chapter. |
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June 21, 2012 |
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Meals and Rentals (M&R) operators should beware of anyone coming to their place of business and seeking to collect M&R tax revenue as a State of New Hampshire Department of Revenue Administration (DRA) employee without proper identification. Recently at Bike Week, an M&R operator reported being approached by two females with clipboards representing themselves as DRA employees and seeking to collect M&R tax revenue. In an abundance of caution, the operator requested that the individuals show identification that they were DRA employees. The individuals were unable to provide the DRA identification and promptly exited the operator's location. Please be advised that these individuals were not DRA employees. All DRA employees have photo identification that they will be able to provide for inspection by the operator upon request. The DRA urges all M&R operators to request that any individuals approaching them regarding M&R tax revenue, show their DRA photo identification prior to speaking with such individuals about their M&R license or any M&R tax revenue, including the collection of M&R tax revenue. M&R operators can also contact the DRA directly to confirm the individual's identity at 603-230-5900. |
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June 12, 2012 |
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In an effort to assist taxpayers and their representatives, the DRA is pleased to announce a new webpage dedicated to posting New Hampshire court decisions that address substantive tax issues in which the DRA is a party. The webpage can be found by clicking on "Laws, Rules and TIRs" and then by clicking on "DRA Court Decisions" at the top of the page under the TIR link. Currently, the webpage posts decisions issued within the past two years. The DRA will continue to update the webpage with relevant court decisions as they are issued. |
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April 27, 2012 |
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The 2011 Low and Moderate Income Homeowners Property Tax Relief program begins on May 1, 2012. more... |
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March 27, 2012 |
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Technical Information Release to provide New Hampshire taxpayers and tax practitioners with information regarding the recent changes to the New Hampshire tax forms. |
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March 1, 2012 |
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This Software Vendor Form Status Matrix is available on the Forms page. more... |
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February 15,2012 |
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Municipal financial audits play a vital role in helping to preserve the integrity of the public finance functions. Has your municipality completed the audit report required by RSA 41:31d? more... |
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December 15, 2011 |
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The New Hampshire Attorney General's office issued a press release warning consumers to exercise extreme caution when doing any sort of business on the Internet. |
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