N.H. Rev. Stat. § 77:7

Current through Chapter 381 of the 2024 Legislative Session

Section 77:7 - [Repealed effective 1/1/2025] Capital Distribution

No distribution of capital, whether in liquidation or otherwise, shall be taxable as income, but accumulated profits shall not be regarded as capital.

RSA 77:7

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

Amended by 2023, 79:87, eff. 7/1/2023.

Repealed by 2021 , 91: 99, eff. 1/1/2025, applicable to taxable periods beginning 1/1/2025.

1923, 65:4. PL 65 :6. RL 78:6.