New Hampshire Revenue Department Proposes to Amend Regulations on Property, Tobacco, Railroad Tax Reporting, Payments

The New Hampshire Department of Revenue Administration June 22 proposed to amend property and excise tax regulations. The proposal includes measures to: 1) provide information on the reporting and payment of tax on transfers of interests in real estate holding companies; 2) specify other tobacco product tax liabilities; 3) require licensed wholesalers purchasing tax stamps to submit a completed Form CD-15, Cigarette Stamp Order, to be liable for the payment of all shipping expenses, including any insurance charges, and to be liable for the payment of the tax stamps purchased; 4) require taxpayers to electronically file Form DP-255-ES, Estimated Utility ...