Section 77-A:2 - Imposition of TaxI. For all taxable periods ending on or after December 31, 2019, a tax is imposed at the rate of 7.7 percent upon the taxable business profits of every business organization.II. For all taxable periods ending on or after December 31, 2022, a tax is imposed at the rate of 7.6 percent upon the taxable business profits of every business organization.III. For all taxable periods ending on or after December 31, 2023, a tax is imposed at the rate of 7.5 percent upon the taxable business profits of every business organization.Amended by 2022 , 189: 1, eff. 6/17/2022.Amended by 2021 , 91: 110, eff. 6/25/2021.Amended by 2019 , 346: 202, eff. 7/1/2019.Amended by 2019 , 346: 200, eff. 7/1/2019.Amended by 2018 , 11: 1, eff. 6/19/2018.Amended by 2017 , 156: 215, eff. 1/1/2021 and applicable to taxable periods ending on or after 12/31/2021; later repealed.Amended by 2017 , 156: 213, eff. 1/1/2019 and applicable to taxable periods ending on or after 12/31/2019.Amended by 2015 , 274: 23, eff. 1/1/2016. 1979, 5:1. 1971, 515:14. 1977, 593:1. 1993, 350:8; 350:9. 1999, 17:19. 2001, 158:19, eff. July 1, 2001.