On December 28, 2022, the New Hampshire Department of Revenue Administration (DRA) released the new Business Profits Tax (BPT) and Business Enterprise Tax (BET) filing threshold in TIR 2022-006. The following are the new requirements for the taxable periods beginning January 1, 2023:
- BPT Filing Threshold: Gross business income in excess of $103,000 at a rate of 7.5% of all taxable business profits.
- BET Filing Threshold: Gross business receipts in excess of $281,000, or, enterprise value tax base greater than $281,000 at a rate of 0.55% of the business’s taxable enterprise value tax base.
 The Enterprise Value Tax Base is the sum of all compensation paid or accrued, interest paid or accrued, and dividends paid by the business enterprise, after special adjustments and apportionment.