New Hampshire Revised Statutes 374-D:10 – Tax Exemption
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Terms Used In New Hampshire Revised Statutes 374-D:10
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
The bonds and notes issued under this chapter, their transfer and the income from them, including any profit made on their sale, shall at all times be free from taxation within the state, excepting only inheritance, estate, and gift tax.