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Blog posts tagged in Taxes
Today, the Senate and House passed the committee of conference reports on the New Hampshire State Budget.  The New Hampshire legislature passed a bipartisan budget that is balanced, continues business tax reforms passed last year, does not increase the gas or cigarette tax and does not include expanding Medicaid.
 
Derek Dufresne, Spokesman for Citizens for a Strong New Hampshire, released the following statement:
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Today, the Senate voted 18-6 to indefinitely postpone HB 617, which would have increased the gas tax by 67%. The Senate also voted 13-11 that HB 659 was inexpedient to legislate. HB 659 would have increased the tobacco tax. Both tax increases were passed by the New Hampshire House in April as a part of their budget. 

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On Tuesday, the Senate Ways and Means Committee will hear an amendment (2013-1604S), which will prevent the Department of Revenue Administration (DRA) from applying the Business Enterprise Tax (BET) to gratuitous tips collected by employees. The DRA has recently decided to interpret the 2008 amended Rev 2402.01 to include tips as wages and applying the BET to these amounts. This change in interpretation of the rule is now compelling business owners to pay BET on tips. Citizens for a Strong New Hampshire supports the amendment which clarifies that only compensation paid by the business enterprise will be subject to the BET.  

Kristin Beaulieu, Director for Citizens for a Strong New Hampshire, made the following statement: 

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