Section Rev 805.01 - Real Estate Holding Companies The amount of taxable consideration with respect to a transfer of an interest in a real estate holding company shall be computed as follows:
(a) Where the entire interest in the company is transferred, the consideration shall be the sum of the fair market value of all the New Hampshire real estate or interests therein owned or held by the company; or(b) Where less than the entire interest in the company is transferred, the consideration shall be determined by multiplying the fractional interest transferred by the sum of the fair market value of all the New Hampshire real estate or interests therein owned or held by the company.N.H. Admin. Code § Rev 805.01
#1177, eff 5-23-78; ss by #2154, 10-11-82; ss by #2822, eff 8-17-84; amd by INTERIM #4705, eff 11-21-89; ss by #5300, eff 12-26-91; ss by #6691, eff 2-21-98, EXPIRED: 2-21-06
New. #8579, eff 3-8-06
Amended byVolume XXXIV Number 41, Filed October 9, 2014, Proposed by #10665, Effective 9/9/2014, Expires9/9/2024.