New Hampshire Revenue Department Issues Information on Communications Excise Tax on Prepaid Wireless, VoIP Services

The New Hampshire Department of Revenue Administration Nov. 25 issued a technical information release concerning the applicability of communications services tax to prepaid wireless telecommunications services and voice over internet protocol (VoIP) for excise tax purposes. The tax rate is 7 percent on all two-way communication services and is paid by the consumer but collected and remitted by the retailer. Effective Jan. 1, 2020, for taxable periods ending after Dec. 31, the retailers must assess and collect the tax, make monthly estimated payments (if applicable), file the return, and remit the payment to the department on a monthly basis. Charges ...