Search results
Results from the WOW.Com Content Network
New Hampshire – The accelerated phase-out of a tax on dividends and interest completed at the start of 2025. [15] For large businesses, the 0.55% Business Enterprise Tax is essentially an income tax. The state also has a 7.5% (2024) Business Profits Tax. [16]
(The Center Square) — New Hampshire Republicans and conservative groups are celebrating the end of the state’s tax on income from interest and dividends, which expired at the end of the year ...
Portsmouth's tax rate is $16.13 per $1,000 of property valuation for fiscal year 2024, city leaders announced Friday. The tax rate is 93 cents per $1,000 higher than fiscal year 2023.
New Hampshire does not have a general income tax nor a general sales tax like many other U.S. states. It does have the following taxes: [ 27 ] Interest & Dividends Tax [ 28 ] - 3% for tax year 2024; will expire at start of 2025
The interest and dividends tax is a state tax on distributions, dividends, and interest income often accrued from investments. New Hampshire’s interest and dividends tax – and why it’s a hot ...
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
New Hampshire introduced a flat tax on interest and dividends in 1923, at the average property tax rate imposed by municipalities in the state. [130] The rate was fixed at 4.25% in 1956, changed to 5% in 1977, 4% in 2023, 3% in 2024, and the tax was repealed in 2025.
New Mexico taxes retirement income using state income tax rates, which range from 1.7% to 5.9% in 2024. Residents ages 65 and older can claim an $8,000 exemption to offset their tax burdens.