Section Rev 2401.14 - Revenue producing activity "Revenue producing activity," as used in RSA 77-E:4 (3), I(c):
(a) Means the transactions and activities engaged in by the business enterprise for the ultimate purpose of obtaining gain or profit and includes, but is not limited to: (1) The rendering of personal services by employees or the utilization of tangible and intangible property by the business enterprise in performing a service;(2) The sale, rental, leasing, or other use of real property;(3) The sale, rental, leasing, licensing, or other use of tangible personal property; or(4) The sale, licensing, or other use of intangible personal property; and(b) Does not include: (1) Transactions and activities performed for the business enterprise by independent contractors or other similar persons or entities; or(2) The mere holding of a security interest in intangible property.N.H. Admin. Code § Rev 2401.14
Renumbered by Rev 2401.11 Volume XXXVI Number 10, Filed March 10, 2016, Proposed by #11044, Effective 2/24/2016, Expires 2/24/2026.