Taxation in New Hampshire

Updated on Wednesday 17th October 2018

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New Hampshire is among the American states where there is no sales tax and no personal income tax, making it attractive to foreigners looking to establish their activities in this part of USA. However, a 5% tax rate is applicable to the profits derived from interests and dividends. We invite you to talk to our team of company formation representatives in USA and solicit information about how you can start a business in USA and about the taxes imposed for each type of entity in the chosen state.

What is the business enterprise tax rate in New Hampshire?

The business enterprise tax or the BET as it is known is applicable to all business structures in this state and it is imposed on the business’s enterprise value tax base at a rate of 0.675%.

What is the sales tax rate in New Hampshire?

New Hampshire is among the American states that do not impose a sales tax. This is one of the reasons why many investors decide to do business in this state and benefit from varied tax reliefs. 

Other tax facts in New Hampshire

The personal incomes in New Hampshire are not levied with a personal income tax, however, the interests and dividends are taxed at a 5% rate if the incomes registered are above $2,400. You might want to observe the following tax facts which are applicable in New Hampshire:
  • there is no tax imposed on capital gains in New Hampshire;
  • there is no estate tax imposed in New Hampshire since 2003;
  • 2.19% is the property tax in New Hampshire;
  • special taxes instead of the sales tax are imposed in sectors like electricity, accommodation, and restaurants;
  • New Hampshire is one of the lowest-tax states in USA and preferred for varied business opportunities.
Investors from overseas looking for doing business in USA can read our general guides to company incorporation for each state, including for New Hampshire.

We invite you to contact our team of company formation specialists in USA and ask for support and ample details if you are interested in opening a company in USA, including New Hampshire.