RSA 77-A:3-a · Expense Deductions

Source history

• 2012, 279:10, eff. June 21, 2012
• 2016, 295:4, eff. Jan. 1, 2017
• 2017, 156:218, eff. Jan. 1, 2018

Related materials

Bill relationships

• 2026 HB1433 reference · effective 2026-07-01

  f new programs or services. II. A business may claim a credit equal to 50 percent of its total claimed expenditures in (a) and (b) against its business profits taxes due under RSA 77-A, against its business enterprise taxes due under RSA 77-E, or apportioned against each, provided the total credits granted shall not exceed 50 percent of the businesses' total claimed expenditures under paragraph I(a)

• 2026 HB1433-FN reference · effective 2026-07-01

  f new programs or services. II. A business may claim a credit equal to 50 percent of its total claimed expenditures in (a) and (b) against its business profits taxes due under RSA 77-A, against its business enterprise taxes due under RSA 77-E, or apportioned against each, provided the total credits granted shall not exceed 50 percent of the businesses' total claimed expenditures under paragraph I(a)

• 2026 HB1546 amend · effective 2027-01-01

  General Court convened: 1 The State and Its Government; State Treasurer; Application of Receipts. Amend RSA 6:12, I(b)(65) to read as follows: (65) Money received under [RSA 77-A,] RSA 77-E, RSA 78, RSA 78-A, RSA 78-B, RSA 83-F, RSA 284:44 and RSA 284:47, and from the sweepstakes fund, which shall be credited to the education trust fund under RSA 198:39. 2 The State and Its Government; State T

• 2026 HB1546-FN amend · effective 2027-01-01

  General Court convened: 1 The State and Its Government; State Treasurer; Application of Receipts. Amend RSA 6:12, I(b)(65) to read as follows: (65) Money received under [RSA 77-A,] RSA 77-E, RSA 78, RSA 78-A, RSA 78-B, RSA 83-F, RSA 284:44 and RSA 284:47, and from the sweepstakes fund, which shall be credited to the education trust fund under RSA 198:39. 2 The State and Its Government; State T

• 2026 HB1597 amend

  to business profits tax expense deductions. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 Expense Deductions; Cap Increase. Amend RSA 77-A:3-a to read as follows: 77-A:3-a Expense Deductions. In determining gross business profits before net operating loss and special deductions, a business organization shall calculate expense deductions as permitted under

• 2026 HB1597-FN amend

  to business profits tax expense deductions. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 Expense Deductions; Cap Increase. Amend RSA 77-A:3-a to read as follows: 77-A:3-a Expense Deductions. In determining gross business profits before net operating loss and special deductions, a business organization shall calculate expense deductions as permitted under

• 2026 HB1629 amend · effective 2027-07-01

  n General Court convened: 1 The State and Its Government; State Treasurer; Application of Receipts. Amend RSA 6:12, I(b)(65) to read as follows: (65) Money received under RSA 77-A, [RSA 77-E,] RSA 78, RSA 78-A, RSA 78-B, RSA 83-F, RSA 284:44 and RSA 284:47, and from the sweepstakes fund, which shall be credited to the education trust fund under RSA 198:39. 2 The State and Its Government; Stat

• 2026 HB1629-FN amend · effective 2027-07-01

  n General Court convened: 1 The State and Its Government; State Treasurer; Application of Receipts. Amend RSA 6:12, I(b)(65) to read as follows: (65) Money received under RSA 77-A, [RSA 77-E,] RSA 78, RSA 78-A, RSA 78-B, RSA 83-F, RSA 284:44 and RSA 284:47, and from the sweepstakes fund, which shall be credited to the education trust fund under RSA 198:39. 2 The State and Its Government; Stat

• 2026 HB1668 repeal · effective 2025-07-04

  ph (o) the following new subparagraph: (p) For all taxable periods beginning on or after January 1, 2027, the United States Internal Revenue Code of 1986, as amended, subject to RSA 77-A:3-a. 2 Business Profits Tax; Adjustments; Internal Revenue Code. RSA 77-A:3-a is repealed and reenacted to read as follows: 77-A:3-a Adjustments; Internal Revenue Code Provisions. In determining gross business profits b

• 2026 HB1668-FN repeal

  ph (o) the following new subparagraph: (p) For all taxable periods beginning on or after January 1, 2027, the United States Internal Revenue Code of 1986, as amended, subject to RSA 77-A:3-a. 2 Business Profits Tax; Adjustments; Internal Revenue Code. RSA 77-A:3-a is repealed and reenacted to read as follows: 77-A:3-a Adjustments; Internal Revenue Code Provisions. In determining gross business profits b

• 2026 HB417 reference · effective 2025-07-01

  as follows: (1) Other credits allowed under RSA 77-A, RSA 77-E, RSA 77-G, RSA 78, RSA 78-A, RSA 78-B, RSA 82, [RSA 82-A,] RSA 83-E, RSA 84-A, RSA 84-C, and RSA 400-A against the business profits tax imposed by RSA 77-A; and 7 Persons and Property Liable to Taxation; Property Taxes; Public Utilities; Reference Removed. Amend RSA 72:12 to read as follows: 72:12 Public Utilities. All real estate of railroads and other public ut

• 2026 HB417-FN amend

  nd Penalties; Substantial Understatement Penalty; Reference Removed. Amend RSA 21-J:33-a, I to read as follows: I. If there is a substantial understatement of tax imposed under RSA 77-A, RSA 77-E, RSA 78-A, RSA 78-C, [RSA 82-A,] RSA 83-C, or RSA 84-A for any taxable period, there shall be added to the tax an amount equal to 25 percent of the amount of any underpayment attributable to such understatemen