Section Rev 2403.02 - Dividend Received Deduction(a) The dividends received from a member of an affiliated group of business enterprises eligible for the deduction shall be limited to that portion of the dividend included in the payor's taxable enterprise value tax base.(b) The business enterprise shall maintain detailed accounting records to: (1) Document any dividends received deducted from the enterprise value tax base of the recipient business enterprise have been previously included in the enterprise value tax base of the payor; and(2) Calculate the accumulated earnings and profits of the payor.N.H. Admin. Code § Rev 2403.02
INTERIM #5708, eff 9-23-93, EXPIRED: 1-21-94; ss by #5774, eff 1-21-94; ss by #7178, eff 12-23-99, EXPIRED: 12-23-07
New. #9065, eff 1-10-08
Amended by Volume XXXVI Number 06, Filed February 11, 2016, Proposed by #11032, Effective 1/29/2016, Expires 1/29/2026.