New Hampshire Revised Statutes 77-A:3-b – Adjustments; Internal Revenue Code Provisions
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In determining gross business profits for any period, before net operating loss and special deductions, a business organization shall apply the provisions of the United States Internal Revenue Code consistent with the provisions of this chapter, with the following adjustments:
I. The United States Internal Revenue Code shall be applied without section 168(k) of such code.
II. [Repealed.]
III. The United States Internal Revenue Code shall be applied without section 181 of such code.
IV. Section 179 of the Internal Revenue Code shall be applied as provided in N.H. Rev. Stat. § 77-A:3-a.
I. The United States Internal Revenue Code shall be applied without section 168(k) of such code.
Terms Used In New Hampshire Revised Statutes 77-A:3-b
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
- United States: shall include said district and territories. See New Hampshire Revised Statutes 21:4
II. [Repealed.]
III. The United States Internal Revenue Code shall be applied without section 181 of such code.
IV. Section 179 of the Internal Revenue Code shall be applied as provided in N.H. Rev. Stat. § 77-A:3-a.