N.H. Admin. Code § Rev 301.22

Current through Register No. 50, December 12, 2024

Section Rev 301.22 - Net Profit from All Business Activity

"Net profit from all business activity" as used in RSA 77-A:1, III(e), 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).

N.H. Admin. Code § Rev 301.22

#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, (from Rev 301.21); renumbered by #12361 (from Rev 301.22) renumbered by #13177 (formerly Rev 301.21). Expires1/16/2025.

Renumbered from Rev 301.23 Volume XXXVII Number 37, Filed September 14, 2017, Proposed by #12361, Effective 8/9/2017, Expires 8/9/2027.