N.H. Admin. Code § Rev 903.01
Current through Register No. 50, December 12, 2024
Forgiveness, in whole or in part, of a shareholder's or interest-holder's debt by the organization shall be a dividend to the shareholder or interest-holder for purposes of the interest and dividends tax to the extent of that organization's accumulated profits.
N.H. Admin. Code § Rev 903.01
#2228, eff 12-28-82; ss by #2881, eff 10-19-84; ss by #4557, eff 12-28-88; ss by #5947, eff 12-29-94; ss by #6321, eff 8-22-96; ss by #8137, eff 8-10-04; ss by #10211, eff 10-24-12