Press Releases

 

Entries in DRA (4)

Saturday
Jun012013

NH DRA NOMINEE MUST ADDRESS NEW HOSPITALITY INCOME TAX

Concord - The New Hampshire Republican State Committee today called on John Beardmore, Governor Maggie Hassan's nominee to be the next commissioner of the Department of Revenue Administration, to address questions about the Hassan Administration's new hospitality income tax. Beardmore will appear before the Executive Council today for a public hearing on his nomination. The Union Leader (5/13/13) reported that the Hassan Administration is trying to reinterpret existing tax rules to force New Hampshire restaurants and food establishments to pay a new income tax on tips collected by food servers.

 

"The Hassan Administration's new hospitality income tax is a backdoor attempt to squeeze more money out of New Hampshire's business community to cover the reckless spending increases in the governor's irresponsible budget," said NHGOP Chairman Jennifer Horn. "This onerous new tax places an even greater burden on our hospitality industry that will kill jobs, reduce wages for restaurant servers, and crush small businesses."

 

Governor Hassan has refused to comment on this new tax or ask the DRA to stop trying to collect it.

  

"Until last year, the Department of Revenue Administration did not include tips in the calculation of Business Enterprise Tax payments. But since Governor Hassan took office, the state has tried to bully and intimidate restaurants with harassing audit letters into paying more taxes," said Horn. "Mr. Beardmore owes the New Hampshire hospitality industry an answer about whether or not he will allow the DRA to continue to target restaurants with this new and unfair tax."  

Wednesday
May152013

NH House Republicans Comment on Senate Amendment Blocking DRA From Taxing Businesses Based on Tipped Employees 

CONCORD - Today House Republican Leader Gene Chandler (R-Bartlett) and Rep. Pat Abrami (R-Stratham) offered the following comments following the hearing on a Senate proposed amendment that would block the Department of Revenue Administration from being able to use tips received by employees in their calculation of Business Enterprise Tax owed by businesses.

House Republican Leader Gene Chandler (R-Bartlett)

“I’m hopeful that the Department of Revenue Administration would not try to seek new and interesting ways to circumvent the legislative process to reach into the pockets of our small business owners. A clear reading of existing statutes prohibits this type of taxation The livelihoods of many restaurateurs and their employees are at stake. This amendment is good for business and our State’s hospitality industry. I’m happy the Senate is working to address this issue, and we will work to ensure the House concurs with this amendment.”

Rep. Pat Abrami (R-Stratham), House Ways & Means Committee

“Our State’s business community would appreciate transparency and predictability in how taxes are assessed. In this instance, it appears as if the DRA has taken it upon themselves to reinterpret their rules. The State’s hospitality industry employs tens of thousands of people. Without this amendment, each one of these employees is subject to becoming an increased tax burden to their employers. If we’re looking to help our job creators in this recovering economy, we need to step in and prevent the DRA’s new nickel-and-diming scheme.”

Wednesday
Feb062013

NH House Republican Leader Comments on Bill to Allow Counties to Adopt County Income Tax 

CONCORD – Today House Republican Leader Gene G. Chandler (R-Bartlett) offered the following comments relative to the public hearing on House Bill 330, a bill that would allow counties to adopt a county income tax to be administered by the Department of Revenue Administration (DRA).

House Republican Leader Gene Chandler (R-Bartlett)

“This is a great example of the legislative process in New Hampshire. You can file any bill, no matter how frivolous and it will get a fair and open public hearing. We appreciate Rep. Burridge’s candor in his legislation, but I just can’t imagine this bill has any chance of survival. New Hampshire has a proud tradition of being income tax free. We intend on keeping the entire state, including Rep. Burridge’s county, income tax free.”

Sunday
Dec132009

AFP - Gov. Lynch Supports 5% Income Tax on LLC's and Partnerships 

If you own a small business, LLC or Partnership, I need your help!! According to today’s Union Leader, Governor Lynch defended changes being made in the way that distributions by limited liability corporations are taxed.

Lynch said the changes were appropriate, and “will put businesses on a more level playing field. Right now a company that incorporates pays one sort of tax, an LLC pays another,” he said. "I do believe it is closing a loophole," Lynch continued.

On Wednesday, December 16 th at 10:00 AM at 109 Pleasant Street, Concord, the Department of Revenue Administration (DRA) will hold the only public hearing on the proposed rule to implement a 5% TAX on Interest and Dividends on all LLC’s and Partnerships in New Hampshire.

Further, at this same hearing, the DRA will consider and ultimately determine what is a Reasonable Compensation for you to earn from your LLC’s and Partnerships. The DRA is now auditing New Hampshire businesses and determining if a business owner is making more than “ Reasonable Compensation” and if so are taxing excess amounts!!

Also being considered at this public hearing will be the Refinance Tax. The DRA plans to tax bank borrowing or refinancing at a 5% rate, if you as a business owner borrow money to expand through a new or different entity. This tax will be applied as a Personal Income Tax.

If you want to stay in business, you need to attend this hearing on Wednesday, December 16 th at 10:00 AM in Concord. In order to have your voice heard at this hearing, you need to preregister at FormsCmte@rev.state.nh.us. Further, call the Governor at 271-2121.

I need your help to let other small business owners across the state know what is happening. PLEASE HELP ME TODAY!!

Help me alert other small business owners about this proposed INCOME TAX. A contribution of $100 today will allow me to notify 300 more small business owners and help stop this proposal.

To contribute, please click here.

This rule will destroy the NH advantage we have all come to enjoy. There has never been a time when small business owners have been under such attack. We can win this fight but not without your help.

I need you to send this e-mail to every person who owns, works for, or patronized a small business, LLC or partnership here in NH in order to educate them and get them involved. PLEASE HELP ME!!

Sincerely,

Corey R. Lewandowski
State Director
Americans for Prosperity

P.S. Please help in the fight to protect small business owners. Click here to make a contribution and help maintain a healthy business economy in New Hampshire.