New Hampshire Startup Blog written by Jesse Devitte

New Hampshire’s LLC Tax: What do you think?

January 22, 2010

Most of you I’m sure have heard of the 5% tax that New Hampshire is looking to implement on LLC’s.  If you have not, check here.

According to NHPR.org:

“Currently the interest and dividends tax is 5%, and under the proposal any income an LLC owner receives would be considered a dividend.

About 10,000 businesses in the state are registered as LLCs.”

So, what do you think?  How will this affect your business, or how do you think it will affect the broader NH businesses as a whole?