N.H. Rev. Stat. § 391:3

Current through the 2024 Legislative Session

Section 391:3 - [Repealed effective 1/1/2025] Taxability

A common trust fund shall not constitute a taxable entity within the meaning of RSA 77. Each estate having a participating interest in a common trust fund shall include in its return its proportionate share of any taxable income of the classes described in RSA 77:4, received by such common trust fund, whether or not such income is distributed by the common trust fund.

RSA 391:3

Amended by 2023, 79:88, eff. 7/1/2023.

Repealed by 2021 , 91: 99, eff. 1/1/2025.

1953, 109:1, par. 3, eff. Apr. 17, 1953.