SB 190 (2019)

Clarifies when the business profits tax applies to sales of a business organization with activity in other states. According to analysis from the Department of Revenue Administration, "This bill amends the Business Profits Tax method for assigning service-based revenue and income from the use of intangibles to New Hampshire from a cost-of-performance to market-based sourcing method." Ideally this bill is going to increase how much out-of-state businesses pay for sales they make in New Hampshire. This bill also reestablishes the commission to study apportionment under the business profits tax.