N.H. Code Admin. R. Rev 301.21 - Net profit from all business activity

Current through Register Vol. 42, No. 14, April 7, 2022

"Net profit from all business activity" as used in RSA 77-A:1, III(b) and Rev 302.01(c), means the difference between the total income and total deductions on federal Form 1120-S after making the modifications required by Rev 302.01(c) (1) and (2).

Notes

N.H. Code Admin. R. Rev 301.21

#2012, eff 5-5-82; ss by #2722, eff 5-23-84; ss by #4192, eff 12-23-86; amd by #4438, eff 6-22-88; ss by #5490, eff 10-19-92; ss by #6853, eff 9-23-98; ss by #8709, eff 8-25-06

Amended byVolume XXXV Number 06, Filed February 12, 2015 , Proposed by #10758, Effective 1/16/2015, Expires1/16/2025. Amended by Volume XXXVII Number 37, Filed September 14, 2017, Proposed by #12361, Effective 8/9/2017, Expires 8/9/2027.