Senate Eyes ‘Conformity’ To Boost Business Tax Collections
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The state Senate hopes to collect millions more in business taxes by bringing New Hampshire into conformity with federal tax changes enacted in 2017.
By one estimate the state could see its business tax base grow by 13 % over the next decade if it moves to align state tax policy with the federal changes. But while such a move is expected to net the state millions, it’s hard to know exactly how many.